Intersections Inc. (NASDAQ: INTX) announced today that its Board of Directors has declared an ordinary cash dividend on its common stock of $0.20 per share. This marks Intersections’ seventh consecutive quarter of dividend payments, and the third consecutive payment since we increased our quarterly dividends by 33 percent to $0.20 per share in September of 2011.
The dividend will be paid on Friday March 9, 2012 to stockholders of record at the close of business on February 29, 2012. Based on the closing price on February 1, 2012 of $12.48 per share, this represents an effective annual dividend yield of 6.4 percent.
Intersections Inc. (Nasdaq:
INTX) is a leading provider of consumer and corporate identity risk management services. Intersections provides various levels of service to more than 9.6 million consumers. Those services are offered through North America's leading financial institutions, directly to consumers under Intersections’ award-winning IDENTITY GUARD(R) brand (
http://www.identityguard.com), and through the company’s exclusive partnership with ITAC,
the Identity Theft Assistance Center. Since 1996, Intersections has protected the identities of more than 34 million consumers.