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Oracle NASDAQ:ORCL will pay next 3 Quarterly dividends early

Monday Oracle Corp.’s board announced that the company will pay dividends for the next 3 Quarters early, joining a list of companies making pay outs ahead of a possible dividend-tax increase in Y 2013.

The software company will payout a total of 0.18 per share on 21 December.

Oracle typically pays a quarterly dividend of 0.06 a share and was scheduled to pay next in February.

The accelerated payment, for the 2nd, 3rd and 4th Quarters of F-Y 2013, will cost the company about $867.4-M. As of 17 September the company had over 4.82-B shares outstanding.

Oracle’s CEO and largest stockholder, Lawrence J. Ellison, did not participate in the deliberation or the vote on this matter, the company said.

Mr. Ellison holds 1.1-B Oracle shares and is in line for a dividend of $198.9-M.

A representative for Oracle could not be reached for comment.

Shares traded off 0.8% at 32.04 after-hours trading Monday. The stock is up 22% on the year as Monday’s close.

MAR is trading above its 20, 50 and 200-D Moving Averages

52 wk Trading Range: 27.93 – 41.84

Volume: 1.7-M/shrs is below the average 3 month volume of 3.0-M/shrs

Next earnings date: 20 December 2012

Analyst Recommendation: Hold

1 yr Price Target Estimate: 42.55

Performance Metrics

Week Month Quarter Half Year Year
+4.08% +3.54% +2.39% +22.08% +9.12%

Analysis Overall Short Intermediate Long
Neutral (0.16) Bullish (0.33) Neutral (0.08) Neutral (0.06)

Recent CandleStick Analysis Neutral
Date Candle
27 Nov 2012 Gravestone DOJI

Open Gaps
Direction Date Range
up 27 Nov 2012 30.97 to 31.16
up 23 Nov 2012 30.52 to 30.58
up 29 Jun 2012 28.26 to 28.79

Support and Resistance
Type Value Conf.
resist. 33.10 4
supp 32.20 2
supp 32.05 2
supp 31.83 6
supp 30.81 28
supp 29.97 2
supp 29.58 4
supp 29.26 2
supp 28.83 4
supp 28.49 4

Technical Indicators
Ind. Short Inter Long
EMA VBu VBu VBu
MACD VBu VBe VBe
RSI Bu
TDD Bu
Fibs Bu Bu Be
Highs VBe Bu N
Lows N VBe VBu
Trends N VBe N
Stoch. VBu
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish