Oracle Raises Dividend to $2 a Share Amid AI Capex and Cash Burn
Oracle’s $2 per-share dividend has been raised for the 12th straight year, with quarterly payouts totaling about $579 million for CTO Larry Ellison. The company spent $55.7 billion on capex in fiscal 2026 and guides to roughly $70 billion of net cash outlay in 2027 plus $20–$25 billion partner-funded, pushing free cash flow to about negative $23.7 billion and prompting plans to raise $40–$50 billion via debt and equity, though payout coverage and coverage suggest support.
Coverage (2)
- Oracle Just Raised Its Dividend for a 12th Straight Year to $2 a Share, Even as AI Spending Pressures Free Cash Flow. Is Larry Ellison's Payout Still Safe? (theglobeandmail.com)
- Oracle Just Raised Its Dividend for a 12th Straight Year to $2 a Share, Even as AI Spending Pressures Free Cash Flow. Is Larry Ellison's Payout Still Safe? (fool.com)