LAS VEGAS, Aug. 1, 2013 (GLOBE NEWSWIRE) -- SMTP, Inc. (OTCQB:SMTP), a global provider of email delivery services, today reported that its Board of Directors declared a quarterly dividend of $0.023 per common share to shareholders of record at the close of business on August 20, 2013. The dividend, which will be paid on August 31, 2013, represents a 27.8% increase over the previous quarter's rate of $0.018 per share.
"The increase in our dividend rate, which is up 53.3% versus the same quarter of 2012, reflects the continued growth of our business and the strength of our balance sheet," stated Semyon Dukach, Chairman of SMTP, Inc. "While we continue to make the necessary investments in our business to produce stable growth and profitability, we are pleased to once again return cash to our shareholders through our regular quarterly dividend payment."
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.
Investor Relations Contact: Alena Chuprakova SMTP, Inc. 877-705-9362 Paul Kuntz RedChip Companies, Inc. Tel: +1-800-733-2447, ext. 105 http://www.redchip.com
