Tuesday, December 4, 2012

Fiscal Cliff Gives Oracle CEO $198 Million


PORTLAND, Ore. (AP) — Oracle Corp. will pay three of next year's quarterly dividends this year in an apparent attempt to avoid possible tax hikes for its investors.

The software company said Monday that it will pay dividends for the second, third and fourth quarters of 2013, totaling 18 cents per share, on Dec. 21 to shareholders of record as of Dec. 14.

Oracle is the latest of a string of companies that have moved up quarterly payouts or issued

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