Oracle Corporation (NASDAQ:ORCL) decides to pay three of next year’s quarterly dividends

Oracle Corporation (NASDAQ:ORCL) has decided to pay three of next year’s quarterly dividends in 2012 in an attempt to reduce the possible tax hikes for its shareholders.

The company declared that it is going to pay the dividend of Q-2, Q-3, and Q-4 of 2013. The company will pay 18 cents for each share on 21 December to shareholders of record as of Dec. 14.

ORCL is one of those companies that have increased their quarterly payouts or issued a special end-of-year payment to save its shareholders from paying a potential massive amount of tax on dividend income starting in January.

Shareholders have paid a maximum 15 percent on dividend income since 2003. In January that historical low rate will expire, except Congress and President Barack Obama reach a compromise on taxes and government expenditures.

At the close of the trading day, Oracle Corporation (NASDAQ:ORCL) shares rose +0.42% to settle at $32.31. Intraday trading was between $32.21 – $32.50. In the past year, the stock has traded within a range of $24.91 – $33.29. The last session’s volume of 22.15 million shares was up from the average daily trading volume of 20.35 million shares.

Microsoft Corporation (NASDAQ:MSFT) shares were down -0.70% to close at $26.43. The stock traded between $26.40 – $26.82 during the last trading session. In the last 12 months the shares have traded between $25.16 and $32.95. The last session’s volume of 53.17 million shares was a bit higher than their average daily trading volume of 62.90 million shares.

CA, Inc. (NASDAQ:CA) shares in the last session were down -1.76% closing at $21.77. The stock traded in a range of $21.70 – $22.33. In the last year the stock has moved within a range of $19.80 – $28.00. The last session’s volume of 4.02 million shares was down from their average daily trading volume of 4.82 million shares.

Another rival company International Business Machines Corp. (NYSE:IBM), traded down -0.31% moving to $189.48. Intraday trading recorded the stock price in a range between $188.36 – $191.30. In the previous 52 weeks the price has traded between $177.35 – $211.79. The last session’s volume of 3.34 million shares was down from their average daily trading volume of 4.55 million shares.