Oracle (NYSE:ORCL) is to pay three quarters of 2013 dividends in a single payment for shareholders later this month, the company announced in a press release. The "accelerated" dividend of $0.18 per share represents payouts for the second, third, and fourth quarters of its fiscal 2013. It will be paid on Dec. 21 to shareholders of record as of Dec. 14.

Oracle's move is part of a wave of companies rushing dividend payments to their shareholders by the end of the year, so as to avoid a massive increase in dividend taxes that would be enacted starting in 2013 if the "fiscal cliff" is not avoided.

Oracle will next consider a dividend in mid-2013, after the first quarter of the company's 2014 fiscal year.

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