Medifast Inc (MED) will raise its quarterly dividend by 15.5 percent to $1.64 per share. The next dividend will be paid on May 9, 2022. The ex-dividend date for this increased MED dividend is March 28, 2022 and the dividend yield is 3.6% at a stock price of $183.77.
Medifast is a manufacturer and distributor of healthy living products and programs. The company produces, distributes and sells weight loss, weight management, and healthy living products, and other consumable health and nutritional products. Its product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products, and vitamins. Medifast is known for one of the fastest-growing health and wellness communities, OPTAVIA, which offers 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 paid dividend every year since 2015.
2022