Press release from PR Newswire
Weight Watchers Declares Quarterly Dividend
Monday, November 26, 2012
Weight Watchers Declares Quarterly Dividend16:05 EST Monday, November 26, 2012NEW YORK, Nov. 26, 2012 /PRNewswire/ -- Weight Watchers International, Inc. (NYSE: WTW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.175 per share of common stock, which corresponds to an annual dividend rate of $0.70 per share. This quarterly dividend will be payable on December 14, 2012 to shareholders of record at the close of business on December 7, 2012. This quarterly dividend payment reflects an acceleration and replacement of the Company's regular quarterly dividend for the fourth fiscal quarter which is usually paid in January.About Weight Watchers International, Inc.Weight Watchers International, Inc. is the world's leading provider of weight management services, operating globally through a network of Company-owned and franchise operations. Weight Watchers holds over 45,000 meetings each week where members receive group support and learn about healthy eating patterns, behavior modification and physical activity. WeightWatchers.com provides innovative, subscription weight management products over the Internet and is the leading Internet-based weight management provider in the world. In addition, Weight Watchers offers a wide range of products, publications and programs for those interested in weight loss and weight control.This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. The reports filed by the Company pursuant to United States securities laws contain discussions of these risks and uncertainties. The Company assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are advised to review the Company's filings with the United States Securities and Exchange Commission (which are available from the SEC's EDGAR database at www.sec.gov, at various SEC reference facilities in the United States and via the Company's website at www.weightwatchersinternational.com).Contact Information:Investors: Weight Watchers International, Inc. Brainerd Communicators, Inc.Lori Scherwin Corey KingerInvestor Relations (212) 986-6667 (212) 589-2713 SOURCE Weight Watchers International, Inc.