Medifast (MED) Declares $0.32 Quarterly Dividend; 3.1% Yield

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Medifast, Inc. Announces Quarterly Dividend

June 7, 2017 4:05 PM EDT

OWINGS MILLS, Md., June 7, 2017 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading provider of clinically studied healthy living products and programs, announced today that its Board of Directors has declared a $0.32 cash dividend to its stockholders. The quarterly cash dividend of $0.32 per share is payable on August 9, 2017 to stockholders of record as of the close of business on June 23, 2017.

The Company expects to maintain a program of paying dividends on a quarterly basis.  However,... More