Get to know Medifast, Inc.
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Medifast (NYSE: MED) is the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers Lifelong Transformation, One Healthy Habit at a Time®. Based on nearly 40 years of experience, Medifast has redefined direct selling by combining the best aspects of the model. Its community of thousands of independent OPTAVIA Coaches teach Clients to develop holistic healthy habits through products and clinically proven plans, the Habits of Health® Transformational System and comprehensive support from a community of like-minded people. In 2019, Medifast expanded the OPTAVIA movement globally, beginning with the Asia-Pacific region. Medifast is traded on the New York Stock Exchange and was named to Fortune's 100 Fastest-Growing Companies list in 2019 and Forbes' 100 Most Trustworthy Companies in America List in 2016 and 2017. For more information, visit www.MedifastInc.com or www.OPTAVIA.com.
Medifast was incorporated in Delaware in 1989.
100 International Drive
Baltimore, Maryland 21202
As of December 31, 2020, the Company employed 713 employees. At that point, our workforce demographics were as follows:
|18 to 25||87|
|26 to 35||227|
|36 to 45||161|
|46 to 55||132|
|56 to 65||94|
|Black or African American||315|
|Hispanic or Latino||49|
|Two or more races||27|
|American Indian/Alaskan Native||2|
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."
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For restricted stock matters, please contact Jim Maloney at 1-800-763-9953.