Essendant (ESND) Declares $0.14 Quarterly Dividend; 1.4% Yield

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Essendant's Board Declares Regular Dividend

July 15, 2015 7:45 AM EDT

DEERFIELD, Ill., July 15, 2015 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND) announced that on July 14, 2015 its board of directors declared a $0.14 per share dividend payable on October 15, 2015 to stockholders of record at the close of business on September 15, 2015.

Forward-Looking StatementsThis 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... More

Essendant To Acquire Nestor Sales LLC

July 15, 2015 7:30 AM EDT

DEERFIELD, Ill., July 15, 2015 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND), a leading supplier of workplace essentials, today announced that its wholly-owned subsidiary Essendant Co. signed an agreement to acquire Nestor Sales LLC, a leading wholesaler and distributor of tools, equipment and supplies to the transportation industry. The all cash purchase price is $38.5 million, subject to closing adjustments. 

Headquartered in Largo, Florida, Nestor serves multiple end markets including auto aftermarket parts stores, mobile tool dealers, fleet service providers, composite manufacturers, RV manufacturers and... More