UPDATE: Mannatech (MTEX) Declares Special Cash Dividend of $0.50; 2.8% Yield

Mannatech (NASDAQ: MTEX) declared a special dividend of $0.50 per share. This is a 233.3% increase from the prior dividend of $0.15.

The dividend will be payable on September 26, 2018, to stockholders of record on September 17, 2015, with an ex-dividend date of September 27, 2018.

The annual yield on the dividend is 2.8 percent.

Alfredo “Al” Bala, President and CEO of Mannatech, said, “The company’s financial position supports a dividend and represents our belief in the quality of our products, strength of our sales force, and the future of our company. Mannatech continues its commitment to returning value to our shareholders.”

For a dividend history and other dividend-related data on Mannatech (MTEX) click here.

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