DIVIDEND ANNOUNCEMENT: Medifast Inc (NYSE:MED) on 03/16/2023 declared a dividend of $1.6500 per share

Medifast Inc (NYSE:MED) on 03/16/2023 declared a dividend of $ 1.6500 per share payable on May 09, 2023 to shareholders of record as of March 28, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Medifast Inc (NYSE:MED) has paid dividends since 2016, has a current dividend yield of 6.4071445465% and has increased its dividends for 6 successive years.

Medifast Inc's market cap is $ 1,117,143,450 and has a PE ratio of 8.09. The stock price closed yesterday at $ 103.01 and has a 52 week low/high of $ 96.00 and $ 197.19.

Medifast is engaged in the health and wellness communities, called OPTAVIA. OPTAVIA is a lifestyle solution for people for whom diets alone have failed. Co. sells a variety of weight loss, weight management and healthy living products based on its proprietary formulas under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home® brands. Co.'s product line includes various consumable options, including, but not limited to, bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups. Co.'s nutritional products are formulated with various ingredients.

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