Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
Medifast Dividend Announcement
• Medifast announced a quarterly dividend of $1.65 per ordinary share which will be made payable on 2023-11-07. Ex dividend date: 2023-09-18
• Medifast annual dividend for 2023 was $4.95
• Medifast's trailing twelve-month (TTM) dividend yield is -%
• Medifast's payout ratio for the trailing twelve months (TTM) is 255.16%
• Medifast's dividend growth over the last five years (2018-2023) was 17.72% year
Medifast Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-18 | $1.65 | quarterly | 2023-11-07 |
2023-06-26 | $1.65 | quarterly | 2023-08-08 |
2023-03-27 | $1.65 | quarterly | 2023-05-09 |
2022-12-19 | $1.64 | quarterly | 2023-02-07 |
2022-09-19 | $1.64 | quarterly | 2022-11-08 |
2022-06-27 | $1.64 | quarterly | 2022-08-08 |
2022-03-28 | $1.64 | quarterly | 2022-05-09 |
2021-12-20 | $1.42 | quarterly | 2022-02-08 |
2021-09-20 | $1.42 | quarterly | 2021-11-08 |
2021-06-21 | $1.42 | quarterly | 2021-08-06 |
2021-03-29 | $1.42 | quarterly | 2021-05-06 |
2020-12-21 | $1.13 | quarterly | 2021-02-05 |
2020-09-21 | $1.13 | quarterly | 2020-11-06 |
2020-06-29 | $1.13 | quarterly | 2020-08-06 |
2020-03-30 | $1.13 | quarterly | 2020-05-06 |
2019-12-26 | $1.13 | quarterly | 2020-02-06 |
2019-09-26 | $0.75 | quarterly | 2019-11-07 |
2019-06-27 | $0.75 | quarterly | 2019-08-07 |
2019-03-28 | $0.75 | quarterly | 2019-05-07 |
2018-12-20 | $0.75 | quarterly | 2019-02-07 |
2018-09-20 | $0.48 | quarterly | 2018-11-08 |
2018-06-28 | $0.48 | quarterly | 2018-08-08 |
2018-03-28 | $0.48 | quarterly | 2018-05-08 |
2017-12-21 | $0.48 | quarterly | 2018-02-08 |
2017-09-21 | $0.32 | quarterly | 2017-11-09 |
2017-06-21 | $0.32 | quarterly | 2017-08-09 |
2017-03-21 | $0.32 | quarterly | 2017-05-09 |
2016-12-21 | $0.32 | quarterly | 2017-02-09 |
2016-09-21 | $0.25 | quarterly | 2016-11-10 |
2016-06-23 | $0.25 | quarterly | 2016-08-10 |
2016-03-17 | $0.25 | quarterly | 2016-05-10 |
2015-12-23 | $0.25 | quarterly | 2016-02-10 |
Medifast Dividend per year
Medifast Dividend growth
Medifast Dividend Yield
Medifast current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Medifast stock? Use our calculator to estimate your expected dividend yield:
Medifast Financial Ratios
Medifast Dividend FAQ
Other factors to consider when evaluating Medifast as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Medifast's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Medifast publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Medifast distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Medifast are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Medifast sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Medifast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Medifast declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Medifast's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Medifast's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.