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Oracle Corporation (NYSE:ORCL) will report its second quarter fiscal 2025 results after the closing bell on Monday, December 9.
Analysts expect the Austin, Texas-based company to report quarterly profit of $1.48 per share, up from $1.34 per share a year ago. Oracle is expected to report quarterly revenue of $14.12 billion, up from $12.94 billion a year earlier, according to data from Benzinga Pro.
On Thursday, Guggenheim analyst John Difucci maintained Oracle with a buy and raised the price target from $200 to $220, while Jefferies analyst Brent Thill maintained the stock with a buy and raised the price target from $190 to $220.
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With the recent rumors surrounding Oracle ahead of its quarterly earnings, some investors may also be eyeing potential gains from the company’s dividends. As of now, Oracle offers an annual dividend yield of 0.86%, which is a quarterly dividend amount of 40 cents per share ($1.60 per year).
To figure out how to make $500 monthly from Oracle, we’ll start with the annual goal of $6,000 ($500 x 12 months).
We then take this amount and divide it by Oracle’s $1.60 dividend: $6,000 / $1.60 = 3,750 shares.
So an investor would need to own about $698,400 worth of Oracle, or 3,750 shares, to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 per month ($1,200 per year), we perform the same calculation: $1,200 / $1.60 = 750 shares, or $139,680 to generate a monthly dividend income of $100.
Keep in mind that the dividend yield can be constantly changing because the dividend payout and the stock price both fluctuate over time.
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The dividend yield is calculated by dividing the annual dividend payment by the current share price. As the share price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and the current price is $50, the dividend yield would be 4%. However, if the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60).
