Medifast (NYSE: MED) is a leading manufacturer and distributor of clinically proven healthy living products and programs. The brand has been recommended by more than 20,000 doctors since its founding. In 2016, the company announced OPTAVIA®, an exclusive brand and product line sold through its community of independent Coaches who offer support and guidance to their Clients. In partnership with OPTAVIA Coaches, franchise partners, and its Scientific Advisory Board, Medifast offers comprehensive wellness products and programs that focus on creating sustainable change by helping people learn to incorporate healthy habits into their lives. Medifast was named to Forbes’ 100 Most Trustworthy Companies in America List in 2016 and 2017.
Medifast was incorporated in Delaware in 1989.
100 International Drive
Baltimore, Maryland 21202
As of December 31, 2017, the Company’s subsidiaries employed 399 employees.
Medifast's fiscal year ends on December 31st.
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Medifast does not provide a direct stock purchase plan.
Medifast announced on December 16, 2015 that its Board of Directors authorized a dividend program under which it intends to pay a regular quarterly cash dividend to its stockholders. The Company expects to maintain a program of paying dividends on a quarterly basis. However, the declaration of dividends in the future is subject to the discretion of the Medifast Board of Directors, who will evaluate the Company's dividend program from time to time based on factors that it deems relevant. To view our dividend history click here.
Medifast's common stockis traded on the New York Stock Exchange under the symbol "MED."
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