DIVIDEND ANNOUNCEMENT: Medifast Inc (NYSE:MED) on 09/10/2020 declared a dividend of $1.1300 per share

Medifast Inc (NYSE:MED) on 09/10/2020 declared a dividend of $ 1.1300 per share payable on November 06, 2020 to shareholders of record as of September 22, 2020.

Medifast Inc (NYSE:MED) has paid dividends since 2016, has a current dividend yield of 2.5929324627% and has increased its dividends for 3 successive years.

Medifast Inc's market cap is $ 2,050,874,800 and has a PE ratio of 27.24. The stock price closed yesterday at $ 174.32 and has a 52 week low/high of $ 49.03 and $ 183.54.

Medifast is engaged in the health and wellness communities called OPTAVIA®, which provides Lifelong Transformation, One Healthy Habit at a Time®. Co. sells weight loss, weight management and healthy living products all based on its proprietary formulas under the Medifast®, OPTAVIA®, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home® brands. Co.'s product line includes a variety of consumable options, including oatmeal, pancakes, pudding, soft serve, soft bakes, and soups. The Thrive by Medifast and Optimal Health by Take Shape for Life lines include formulated bars, shakes, and smoothies for those who are maintaining their weight for long-term healthy living.

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