10 Best Dividend Stocks to Buy for Dependable Dividend Growth

5. Oracle Corporation (NYSE:ORCL)

5-Year Average Dividend Growth: 12.11%

Oracle Corporation (NYSE:ORCL) is among the best dividend stocks offering dividend growth. According to a report by CNBC, ORCL was the most overbought stock in the S&P index last week, with an RSI of 90.4. The software company’s shares jumped nearly 8% on June 13, hitting a record high and building on June 12’s 13% surge.

Over the entire week, Oracle Corporation (NYSE:ORCL) stock climbed over 17%. Analysts surveyed by LSEG have an average price target of about $205, suggesting nearly 5% downside from the June 13 closing price, though many of these targets may increase following the company’s recent earnings report.

Most of the week’s gains came after Oracle Corporation (NYSE:ORCL)’s fiscal fourth-quarter results exceeded Wall Street expectations. CEO Safra Catz noted that cloud infrastructure revenue is projected to grow more than 70% in fiscal 2026, adding that the fiscal year “will be even better as our revenue growth rates will be dramatically higher.”

Oracle Corporation (NYSE:ORCL)’s dividend is also grabbing investors’ attention. The company has never missed a dividend since 2009 and has raised its payouts at an annual average rate of over 12% in the past five years. Currently, it pays a quarterly dividend of $0.50 per share and has a dividend yield of 0.96%, as of June 17.

Oracle Corporation (NYSE:ORCL) is a global tech company that specializes in cloud-based applications and infrastructure, building on its long-standing expertise in database management systems.