Medifast's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Medifast (NYSE:MED) announced a quarterly dividend of $1.65 per share, with the ex-dividend date set for Monday. Shareholders owning MED by the end of Friday's session will be eligible for the dividend payout, which will be distributed on August 8, 2023.
June 21, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Medifast's stock will likely open $1.65 lower on Monday due to the ex-dividend date. Shareholders owning MED by the end of Friday's session will receive the dividend payout on August 8, 2023.
The stock will likely open lower on Monday due to the ex-dividend date, as the stock price adjusts to reflect the dividend payout. This is a short-term impact on the stock price, and shareholders who own MED by the end of Friday's session will receive the dividend payout on August 8, 2023.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100