Oracle Corporation (NYSE: ORCL) is set to release earnings results for its third quarter, after the closing bell on March 11, 2024.
Analysts expect the Austin, Texas-based company to report quarterly earnings at $1.38 per share, up from year-ago earnings of $1.22 per share. Oracle is projected to post revenue of $13.31 billion, according to data from Benzinga Pro.
SmarTone Telecommunications, last month, selected Oracle to upgrade its Business Support System.
With the recent buzz around Oracle, some investors may be eyeing potential gains from the company’s dividends too. As of now, Oracle offers an annual dividend yield of 1.40%, which is a quarterly dividend amount of 40 cents per share ($1.60 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you …