DIVIDEND ANNOUNCEMENT: Medifast Inc (NYSE:MED) on 09/12/2019 declared a dividend of $0.7500 per share

Medifast Inc (NYSE:MED) on 09/12/2019 declared a dividend of $ 0.7500 per share payable on November 07, 2019 to shareholders of record as of September 27, 2019.

Medifast Inc (NYSE:MED) has paid dividends since 2016, has a current dividend yield of 2.8187541962% and has increased its dividends for 2 successive years.

Medifast Inc's market cap is $ 1,259,705,480 and has a PE ratio of 18.04. The stock price closed yesterday at $ 106.43 and has a 52 week low/high of $ 96.40 and $ 260.98.

Medifast is engaged in the development of nutritional weight-management products and programs. Co.'s product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products, and vitamins. Co. sells a variety of weight loss, weight management and healthy living products all based on its proprietary formulas under the Medifast®, OPTAVIA®, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home®, and Essential 1 brands. The Thrive by Medifast and Optimal Health by OPTAVIA lines include a variety of formulated bars, shakes, and smoothies for those who are maintaining their weight for long-term healthy living.

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