Medifast (MED) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.00
- Forward yield
- 0.00%
- Growth streak
- 2 years
Medifast pays dividends on a quarterly frequency, though its trailing 12-month total is $0 at a share price of $11.49. The company's most recent dividend was $1.65 per share, with an ex-dividend date of September 18, 2023, and a payment date of November 7, 2023.
In past years, Medifast adjusted its dividend amount annually, with increases taking effect on the first payment of the year. For complete calendar years, total annual payouts grew steadily: in 2020, four quarterly payments of $1.13 totaled $4.52 per share. The dividend rose 25.7% to $1.42 per share in March 2021, generating a 2021 total of $5.68 per share. In March 2022, the quarterly dividend grew 15.5% to $1.64 per share, resulting in a 2022 total of $6.56 per share. A final raise of 0.6% brought the payout to $1.65 per share in March 2023.
Medifast made three payments of $1.65 per share in 2023, totaling $4.95 for the year, before dividend payments stopped after September 2023. The company maintains a 2-year dividend growth streak based on its full calendar-year totals. Historically, dividend raises have come with the first-quarter payment.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Sep 7, 2023 | Sep 18, 2023 | Nov 7, 2023 | $1.65 |
| Jun 15, 2023 | Jun 26, 2023 | Aug 8, 2023 | $1.65 |
| Mar 16, 2023 | Mar 27, 2023 | May 9, 2023 | $1.65 |
| Dec 8, 2022 | Dec 19, 2022 | Feb 7, 2023 | $1.64 |
| Sep 8, 2022 | Sep 19, 2022 | Nov 8, 2022 | $1.64 |
| Jun 16, 2022 | Jun 27, 2022 | Aug 8, 2022 | $1.64 |
| Mar 17, 2022 | Mar 28, 2022 | May 9, 2022 | $1.64 |
| Dec 8, 2021 | Dec 20, 2021 | Feb 8, 2022 | $1.42 |
| Sep 9, 2021 | Sep 20, 2021 | Nov 8, 2021 | $1.42 |
| Jun 3, 2021 | Jun 21, 2021 | Aug 6, 2021 | $1.42 |
| Mar 18, 2021 | Mar 29, 2021 | May 6, 2021 | $1.42 |
| Dec 10, 2020 | Dec 21, 2020 | Feb 5, 2021 | $1.13 |
| Sep 10, 2020 | Sep 21, 2020 | Nov 6, 2020 | $1.13 |
| Jun 16, 2020 | Jun 29, 2020 | Aug 6, 2020 | $1.13 |
| Mar 19, 2020 | Mar 30, 2020 | May 6, 2020 | $1.13 |
| Dec 3, 2019 | Dec 26, 2019 | Feb 6, 2020 | $1.13 |
Frequently asked questions
Does Medifast (MED) pay a dividend?
Yes. Medifast pays a quarterly dividend; the most recent payment was $1.65 per share.
When is MED's most recent ex-dividend date?
Medifast's most recent ex-dividend date is Sep 18, 2023, payable on Nov 7, 2023.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MED been raising its dividend?
Yes — Medifast has increased its dividend for 2 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.