PetMed Express Inc. Declares Increased Quarterly Dividend on Common Stock Payable on February 24, 2012
January 30, 2012 at 08:00 am
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PetMed Express Inc. announced that its Board of Directors declared a quarterly dividend of $0.15 per share on its common stock, compared to the $0.125 per share dividend that has been paid in prior quarters. The dividend will be payable on February 24, 2012, to shareholders of record at the close of business on February 10, 2012.
PetMed Express, Inc., doing business as PetMeds, is a direct-to-consumer pet pharmacy. The Company is an online provider of prescription and non-prescription medications, food, supplements, and supplies and has veterinary and pet insurance service partnerships for dogs, cats, and horses. It markets and sells directly to consumers through their Websites, toll-free numbers, and employer benefit partnerships. Its product line contains over 15,000 SKUs of pet medications, health products, foods, and supplies. The Company offers various pet supplies, including beds, crates, stairs and other pet supplies. Its products include Prescription Medications (Rx), Non-Prescription Medications (OTC) and supplies, Pet Foods, Private Label and Holistic Wellness Services. Rx includes heartworm and flea and ticks preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes.