Medifast (MED) Initiates, Declares $0.25 Quarterly Dividend; 3.3% Yield
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Medifast, Inc. Announces Initiation of Quarterly Dividend
December 16, 2015 4:15 PM ESTOWINGS MILLS, Md., Dec. 16, 2015 /PRNewswire/ --Â Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, announced today that its Board of Directors has authorized a dividend program under which it intends to pay a regular quarterly cash dividend to its stockholders. The initial quarterly cash dividend of $0.25 per share is payable on February 10, 2016 to stockholders of record as of the close of business on December 28, 2015.Â
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