11 Innovative Dividend Stocks to Buy Now

5. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 97

Oracle Corporation (NYSE:ORCL) is among the best innovative stocks with dividends. The company introduced the world’s first autonomous database, marking a significant milestone in data management. It also offers one of the most comprehensive and advanced collections of AI-driven cloud applications across the industry. In addition, Oracle supports the largest electronic health record (EHR) implementation globally, catering to over 9.5 million beneficiaries across the United States, Europe, and the Asia Pacific region.

Although Oracle Corporation (NYSE:ORCL) was initially viewed as a late entrant in the cloud infrastructure market, it has managed to establish a strong position, particularly by helping clients handle artificial intelligence workloads. This focus has led to fast-paced growth in that segment.

Oracle Corporation (NYSE:ORCL) is popular among dividend investors as the company has paid uninterrupted dividends since 2009. The company offers a quarterly dividend of $0.50 per share and has a dividend yield of 0.81%, as of July 28.