United Online Declares Quarterly Dividend of $0.10 Per Share
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WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Apr. 27, 2012--
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 May 31, 2012 to shareholders of record on May
14, 2012. This marks the 29th 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),
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 60
million registered accounts. The company's FTD segment provides
floral-related products and services (FTD
and Interflora)
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 (Memory
Lane and Classmates)
and online loyalty marketing (MyPoints).
Its primary Communications segment service is Internet access (NetZero
and Juno),
including high-speed 4G mobile broadband service (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, 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.”
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