United Stationers Board Declares Regular Dividend
DEERFIELD, Ill., May 21, 2015 /PRNewswire/ -- United Stationers Inc. (NASDAQ: USTR) announced that on May 20, 2015 its board of directors declared a $0.14 per share dividend payable on July 15, 2015 to stockholders of record at the close of business on June 15, 2015.
Forward-Looking Statements
This news release contains forward-looking statements concerning the company's dividend. These statements are based on management's current expectations and assumptions about many important factors, including the following, which could cause actual results to differ materially from those in the forward-looking statements: continued strength in the company's financial position, including cash flows; the availability of financing sources to meet United's business needs; and other risks identified in the company's most recent filing on Form 10-K and other SEC filings, all of which are available on the company's website. The company does not undertake to update its forward-looking statements.
Shareholders, potential investors and other readers are urged to consider these risks and uncertainties in evaluating forward-looking statements and are cautioned not to place undue reliance on the forward-looking statements. For additional information about risks and uncertainties that could materially affect United's results, please see the company's Securities and Exchange Commission filings. The forward-looking information in this news release is made as of this date only, and the company does not undertake to update any forward-looking statement. Investors are advised to consult any further disclosure by United regarding the matters discussed in this release in its filings with the Securities and Exchange Commission and in other written statements it makes from time to time. It is not possible to anticipate or foresee all risks and uncertainties, and investors should not consider any list of risks and uncertainties to be exhaustive or complete.
Company Overview
United Stationers Inc. is a leading supplier of workplace essentials, with 2014 net sales of $5.3 billion. The company stocks a broad assortment of over 160,000 items, including technology products, traditional office products, janitorial and breakroom supplies, office furniture, industrial supplies, and automotive aftermarket tools. The Company's network of 73 distribution centers allows it to deliver these products to approximately 30,000 reseller customers. One of the Company's wholly owned subsidiaries is an online retailer which sells direct to end consumers. This network, combined with United's breadth and depth of inventory, enables the Company to ship most products overnight to more than ninety percent of the U.S. and major cities in Mexico and Canada. For more information, visit unitedstationers.com.
United Stationers common stock currently trades on the NASDAQ Global Select Market under the symbol USTR. As previously announced, on June 1, 2015, United Stationers will become Essendant Inc. and will trade on the NASDAQ Global Select Market under the symbol ESND.
For Further Information Contact:
Robert B. Aiken
Interim President and Chief Executive Officer
or
Todd Shelton
Senior Vice President and Chief Financial Officer
(847) 627-7000
SOURCE United Stationers
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