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 29, 2009 to shareholders of record on May
14, 2009. This marks the 17th 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
approximately 45,000 retail floral shops worldwide. The company's
Classmates Media services include online social networking (www.Classmates.com)
and online loyalty marketing (www.MyPoints.com)
in North America. Classmates Media also operates online social
networking Web sites in a number of European countries. The company's
Communications services include value-priced Internet access and email
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., Canada, the United Kingdom,
Germany, and India. More information about United Online is available on
the company's Web site 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. In addition, the terms of the
company's indebtedness include limitations on the company's ability to
pay dividends 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:
Erik Randerson, CFA,
818-287-3350
investor@untd.com
or
Media
Inquiries:
Scott Matulis, 818-287-3388
pr@untd.com
