United Online Declares Quarterly Dividend of $0.10 Per Share
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WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Jul. 25, 2013--
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 August 30, 2013 to stockholders of record on
August 14, 2013. This marks the 34th consecutive quarter that United
Online will have paid a cash dividend to its stockholders. 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),
through its operating subsidiaries, is a leading provider of consumer
products and services over the Internet, where their respective brands
have attracted a large online audience that includes more than 100
million registered accounts worldwide. The company's FTD segment
provides floral-related products and services (FTD,
Interflora,
Flying Flowers, and Flowers Direct) for consumers and retail florists,
as well as other retail locations offering floral and related products
and services. The company's Content & Media segment provides online
nostalgia products and services (Classmates
and StayFriends)
and online loyalty marketing (MyPoints).
Its primary Communications segment service is Internet access (NetZero
and Juno),
including 4G mobile broadband (NetZero
Wireless).
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, the effects of
the proposed spin-off or other transactions on our businesses, a change
in the company’s business needs, including working capital and funding
for acquisitions, or a change in tax laws relating to dividends, among
other factors, 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.”
Source: United Online, Inc.
United Online, Inc.
Investors:
David Bigelow
818-287-3560
dbigelow@corp.untd.com
or
Media
Inquiries:
Scott Matulis
818-287-3388
pr@untd.com