LAS VEGAS, Nov. 7, 2013 (GLOBE NEWSWIRE) -- SMTP, Inc. (OTCQB:SMTP), a global provider of email delivery services, today announced that its Board of Directors declared a quarterly dividend of $0.024 per common share to shareholders of record at the close of business on November 20, 2013. The dividend, which will be paid on November 29, 2013, represents a 4.3% increase over the second quarter's rate of $0.023 per share and a 33.3% increase compared to the same period of 2012.
"We are pleased to continue to effectively balance the demands of growing our business while returning capital to our shareholders," stated Jonathon Strimling, CEO of SMTP, Inc. "With recent key additions to our management team and new marketing initiatives underway, I believe SMTP is well-positioned to capitalize on the growing multi-billion dollar email market."
About SMTP, Inc.
SMTP is a leading provider of services to facilitate email delivery, with a focus on marketing email delivery, but also supporting bulk and transactional sending, reputation management, compliance auditing, abuse processing and issue resolution. Our services provide customers with the ability to increase the deliverability of email with less time, cost and complexity than handling it themselves.
SMTP, Inc. is a dividend-paying, publicly-traded company headquartered in Las Vegas, Nevada, and can be found on the web at http://www.smtp.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, and various other factors beyond the Company's control.