LifeVantage Declares Special One-time Cash Dividend Of $0.40 Per Share Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
LifeVantage Corporation has declared a special one-time cash dividend of $0.40 per share of common stock. The dividend will be paid on September 22, 2023, to all stockholders of record at the close of business on September 8, 2023.
August 28, 2023 | 8:13 pm
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LifeVantage's declaration of a special one-time cash dividend of $0.40 per share could potentially attract investors, leading to a short-term increase in stock price.
Dividends are a way for companies to distribute profits back to investors, and they can make a stock more attractive to investors, potentially leading to an increase in demand for the stock and, consequently, an increase in its price. Given that this is a special one-time dividend, it could have a significant impact on investor sentiment and the stock's price.
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