Medifast (MED) Declares $0.25 Quarterly Dividend; 3.1% Yield

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Medifast, Inc. Announces Quarterly Dividend

June 15, 2016 4:05 PM EDT

OWINGS MILLS, Md., June 15, 2016 /PRNewswire/ -- 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 declared a $0.25 cash dividend to its stockholders. The quarterly cash dividend of $0.25 per share is payable on August 10, 2016 to stockholders of record as of the close of business on June 27, 2016.

The Company expects to maintain a program of paying dividends on... More