Oracle Corporation (ORCL) will start paying a quarterly dividend of $0.05 per share in the second quarter of 2009. The annual dividend of $0.20 per share yields 1.2% at a stock price of $17.10.

The first ever quarterly dividend is payable on May 8, 2009, to shareholders of record at the close of business on April 8, 2009. The ex-date for this quarterly dividend is April 6, 2009.

Oracle Corporation provides products and services that address all aspects of corporate IT environments, including application, platform and infrastructure. The company's businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support. Its hardware business consists of two segments, including hardware products and hardware support. Oracle has been paying a dividend to shareholders every year since 2009.