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Medifast is scrapping its quarterly dividend to invest instead in a partnership with LifeMD and other growth initiatives.
/PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, today released findings...
Share this article Share this article BALTIMORE, Dec. 10, 2020 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, announced today that its Board of Directors has declared a $1.13 quarterly cash dividend to its stockholders. The quarterly cash dividend of $1.13 per share is payable on February 5, 2021 to stockholders of record as of the close of business on December 22, 2020. This will be the 20th consecutive quarterly dividend paid to stockholders, and the company has paid out to stockholders $139 million i...