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United Stationers' board approves dividend of USD0.14 per share.

M2 EQUITYBITES-May 22, 2015-United Stationers' board approves dividend of USD0.14 per share


The board of directors of United Stationers Inc (NASDAQ:USTR) approved a dividend of USD0.14 per share, the company disclosed on Thursday.

This dividend will be paid on 15 July 2015 to stockholders of record at the close of business on 15 June 2015.

United Stationers is a supplier of workplace essentials and had a 2014 net sales of USD5.3bn. It stocks a broad assortment of over 160,000 items such as technology products, traditional office products, janitorial and break-room supplies, office furniture, industrial supplies and automotive after market tools.

Additionally, the company said that as of 1 June 2015, it will become Essendant Inc and will trade on the NASDAQ Global Select Market under the symbol "ESND".

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Publication:M2 EquityBites (EQB)
Date:May 22, 2015
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