United Stationers (USTR) Declares $0.14 Qtr. Dividend; 1.7% Yield; Raises Buyback by $100M

United Stationers, Inc. (NASDAQ: USTR) declared a quarterly dividend of $0.14 per share, or $0.56 annualized.

The dividend will be payable on July 15, 2013, to stockholders of record on June 14, 2013, with an ex-dividend date of June 12, 2013.

The annual yield on the dividend is 1.7 percent.

The board also approved and authorized the company to purchase an additional $100 million of its common stock. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. Depending on market conditions and other factors, these repurchases may commence or cease from time to time without prior notice. The company also has approximately $31 million remaining under the prior authorization approved by its board in February 2012.

For a dividend history and other dividend-related data on United Stationers, Inc. (USTR) click here.

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