Medifast, Inc., the global corporation behind OPTAVIA®, one of the fastest-growing health and wellness communities, has issued a $1.42 quarterly cash dividend to its stockholders. Stockholders of record as of the close of business on September 21, 2021, will receive a quarterly cash dividend of $1.42 per share on November 8, 2021.
Medifast intends to maintain its quarterly dividend payment schedule. However, future dividend declarations are at the discretion of the company’s Board of Directors, who will periodically examine the company’s dividend program based on factors that it deems appropriate.
Medifast (NYSE: MED) is the parent company of OPTAVIA®, one of the world’s fastest-growing health and wellness communities, which provides scientifically developed products, clinically proven plans, and the support of Coaches and a Community to help clients achieve Lifelong Transformation, One Healthy Habit at a Time®. Medifast has reimagined direct selling by merging the greatest features of the concept, based on more than 40 years of expertise. Through the patented Habits of Health® Transformational System, its community of independent OPTAVIA Coaches has influenced 2 million lives and teaches Clients how to establish holistic healthy habits. Medifast is a New York Stock Exchange-listed company that is ranked second on FORTUNE’s 100 Fastest-Growing Companies list for 2020. In 2017, Forbes added the company to its list of the 100 Most Trustworthy Companies in America.