Frequently Asked Questions
Get to know Medifast, Inc.
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Medifast (NYSE: MED) is the health and wellness company known for its habit-based and Coach-guided lifestyle solution OPTAVIA®, which provides people with a simple, yet comprehensive approach to help them achieve lasting optimal health and wellbeing. OPTAVIA offers clinically proven plans, scientifically developed products and a framework for habit creation reinforced by independent Coaches and Community support. As a physician-founded company with a 40+ year history, Medifast is a leader in the U.S. weight management industry. The company continues to innovate and build upon its scientific and clinical heritage to deliver on its mission of offering the world Lifelong Transformation, One Healthy Habit at a Time®. Medifast was recognized in 2023 by Financial Times as one of The Americas' Fastest Growing Companies and in 2022 as one of America's Best Mid-Sized Companies by Forbes. For more information, visit MedifastInc.com and OPTAVIA.com and follow @Medifast on Twitter.
Medifast was incorporated in Delaware in 1989.
100 International Drive
18th Floor
Baltimore, Maryland 21202
As of December 31, 2023, the Company employed 637 employees. At that point, our workforce demographics were as follows:
| Race | ||
| American Indian/Alaskan Native | 1 | |
| Asian | 79 | |
| Black or African American | 255 | |
| Hispanic or Latino | 55 | |
| Not specified | 10 | |
| Two or more races | 16 | |
| White | 221 | |
| Gender | ||
| Female | 309 | |
| Male | 327 | |
| Other | 1 | |
| Age | ||
| 18 to 25 | 27 | |
| 26 to 35 | 192 | |
| 36 to 45 | 178 | |
| 46 to 55 | 122 | |
| 56 to 65 | 98 | |
| 66+ | 20 | |
Medifast's fiscal year ends on December 31.
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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."
Please click here to read an electronic copy of the current annual report.
Please click here to request a hard copy.
Please click here to request an investor packet, or contact Steve Zenker at InvestorRelations@medifastinc.com or 1-800-763-9953
Please click here.
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For restricted stock matters, please contact Jim Maloney at 1-800-763-9953.