This is good news for the share holder of Oracle Financial Services. The company has announced the most dividend in the last ten years. The fourth quarter results were presented by the company on 25 April. In this, the company has announced a dividend of financial year 2024-25. The company said that the board has approved the proposal of dividend of Rs 265 per share. The face value of the company’s share is Rs 5 per share.
In this way, the company has announced 5,300 percent dividend. In 2014, Rs 485 dividend was given. The expert says that this is the most dividend given by Oracle in the last decade. Oracle financial services are the Indian subsidiary of American company Oracle Corporation. The market of this company is Rs 74,768 crore.
Earlier, the company had announced to give 485 per share dividend in 2014. Oracle financial services is an IT service company. The company has announced a record date of 8 May for the Dividend of Financial Year 2024-25.
5300 percent dividend!
This means that investors who will have stocks of the company on this date in the demat account, they will get dividend. The company can pay the divident’s payment share holders on or before on 17 May 2025. The company announced a dividend of Rs 240 per share in FY 2023-24. Oracle Financial Services Consolidate Revision rose four per cent to Rs 1716 crore on a year -after -year basis in the end in March 2025.
During this period, the company’s income increased by 15 percent to Rs 644 crore. On 25 April, the company’s stock fell 2 per cent to close at Rs 8582. The company’s stock has broken more than 32 percent this year. However, its return was more than 14 percent in the last one year.