Stamps.com Announces Special Dividend of $2.00 per Share
Company Returns Over $250 Million to Shareholders Since 2002
LOS ANGELES, CA, Oct 28, 2010 (MARKETWIRE via COMTEX) -- Stamps.com(R) /quotes/comstock/15*!stmp/quotes/nls/stmp (STMP 16.18, +1.75, +12.13%) today announced that its Board of Directors has declared a one-time special dividend of $2.00 per share to shareholders of record as of the close of business on November 11, 2010, to be paid on December 2, 2010. The Board of Directors approved the special dividend to distribute excess cash from the Company's capital structure, and to allow the Company's shareholders to take advantage of the current low dividend tax rate.