United Online Declares Quarterly Dividend of $0.10 Per Share
WOODLAND HILLS, Calif.--(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 February 28, 2013 to shareholders of record
on February 14, 2013. This marks the 32nd 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,
schoolFeed
and StayFriends)
and online loyalty marketing (MyPoints).
Its primary Communications segment service is Internet access (NetZero
and Juno),
including high-speed 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.”
United Online, Inc. Investors: David Bigelow 818-287-3560 dbigelow@corp.untd.com or Media
Inquiries: Scott Matulis 818-287-3388 pr@untd.com
Press Release $UNTD United Online, Inc.
WOODLAND HILLS, Calif.--(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 February 28, 2013 to shareholders of record on February 14, 2013. This marks the 32nd 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, schoolFeed and StayFriends) and online loyalty marketing (MyPoints). Its primary Communications segment service is Internet access (NetZero and Juno), including high-speed 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.”
United Online, Inc.
Investors:
David Bigelow
818-287-3560
dbigelow@corp.untd.com
or
Media Inquiries:
Scott Matulis
818-287-3388
pr@untd.com
Source: United Online, Inc.