PetMed Express, Inc. (Nasdaq:PETS) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on its common stock. The dividend will be payable on August 26, 2011, to shareholders of record at the close of business on August 12, 2011. The Company intends to continue to pay regular quarterly dividends; however the declaration and payment of future dividends is discretionary and will be subject to a determination by the Board of Directors each quarter following its review of the Company's financial performance.

PetMed Express, Inc., doing business as 1-800-PetMeds, markets non-prescription and prescription pet medications; and other health products for dogs, cats, and horses.
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