United Online Declares Quarterly Dividend of $0.10 Per Share
October 27 2011 - 4:15PM
Business Wire
United Online, Inc. (Nasdaq: UNTD), a leading provider of
consumer products and services over the Internet, today announced
that its Board of Directors has declared a quarterly cash dividend
of $0.10 per share.
The dividend is payable on November 30, 2011 to shareholders of
record on November 14, 2011. This marks the 27th consecutive
quarter that United Online will have paid a cash dividend to its
shareholders. The payment of future dividends is discretionary and
will be subject to determination by the Board of Directors each
quarter following its review of the company’s financial performance
and other factors.
About United
Online®:
United Online, Inc. (Nasdaq: UNTD) is a leading provider of
consumer products and services over the Internet, where the
company's brands have attracted a large online audience that
includes more than 60 million registered consumer accounts. The
company's floral and related offerings include products and
services for consumers and retail florists, as well as for other
retail locations offering floral products and services, in the
U.S., Canada, the United Kingdom, and the Republic of Ireland. The
floral business utilizes the highly recognized FTD (www.ftd.com)
and Interflora (www.interflora.co.uk) brands, both supported by the
Mercury Man logo that is displayed in more than 40,000 retail
floral shops worldwide. The company's Content & Media services
include online nostalgia services in the U.S. and Canada
(www.memorylane.com) and a number of European countries as well as
online loyalty marketing services (www.mypoints.com). The company's
Communications services include value-priced Internet access
provided by NetZero (www.netzero.com) and Juno (www.juno.com).
Headquartered in Woodland Hills, CA, United Online operates
through a global network of locations in the U.S., the United
Kingdom, Germany, and India. More information about United Online
is available on the company's website located at:
www.unitedonline.com.
Cautionary Information Regarding
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995, as amended. Any future determination
as to payment of dividends will depend upon the financial
condition, results of operations and cash flows of the company and
such other factors as are deemed relevant by the Board of
Directors. For example, a change in the company’s business needs
including working capital and funding for acquisitions, or a change
in tax laws relating to dividends, could cause the company’s Board
of Directors to decide to cease the payment of or reduce the
dividend in the future. Information about potential factors that
could affect the company’s business, financial condition, results
of operations, and cash flows is included in the company’s annual
and quarterly reports filed with the Securities and Exchange
Commission (http://www.sec.gov), including, without limitation,
information under the captions “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” and
“Risk Factors.”
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