STOCK TITAN

Mannatech Declares First Quarter 2021 Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Mannatech announced a cash dividend of $0.16 per share, payable on June 14, 2021. Shareholders on record as of June 2, 2021 will receive this payment, highlighting the company’s commitment to shareholder value and long-term investment. President and CEO Alfredo Bala reaffirmed this dedication to delivering value to shareholders. Mannatech has been operating for over 25 years and is focused on health and wellness products, with a presence in 25 markets worldwide.

Positive
  • Cash dividend of $0.16 per share.
  • Dividend payment encourages long-term investment.
  • CEO emphasizes commitment to shareholder value.
Negative
  • None.

Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.16 per share of common stock, payable on Monday, June 14, 2021, to shareholders of record at the close of business on Wednesday, June 2, 2021. The dividend demonstrates a commitment to rewarding shareholders and encouraging long-term investment in Mannatech’s common stock.

Alfredo “Al” Bala, President and CEO of Mannatech, said, “Mannatech is fully committed to delivering value to our shareholders.”

About Mannatech

Mannatech, Incorporated is committed to transforming lives through the development of high quality integrated health, weight management, fitness and skin care products distributed through its global network of independent associates and members. The company has been operating for more than 25 years with operations in 25 markets^. For more information, visit Mannatech.com.

^ Mannatech operates in China under a cross-border e-commerce platform that is separate from its network marketing model.

Please Note: This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of phrases or terminology such as “may,” “will,” “should,” "hope," “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “approximates,” “predicts,” “projects,” “potential,” and “continues” or other similar words or the negative of such terminology. Similarly, descriptions of Mannatech’s objectives, strategies, plans, goals or targets contained herein are also considered forward-looking statements. Mannatech believes this release should be read in conjunction with all of its filings with the United States Securities and Exchange Commission and cautions its readers that these forward-looking statements are subject to certain events, risks, uncertainties, and other factors. Some of these factors include, among others, the outbreak of the novel coronavirus ("COVID-19") pandemic, Mannatech’s inability to attract and retain associates and members, increases in competition, litigation, regulatory changes, and its planned growth into new international markets. Although Mannatech believes that the expectations, statements, and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its latest Annual Report on Form 10-K, and other filings filed with the United States Securities and Exchange Commission, including its current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.

FAQ

What is the dividend amount declared by Mannatech?

Mannatech declared a cash dividend of $0.16 per share.

When will the dividend be paid?

The dividend will be paid on June 14, 2021.

What is the record date for Mannatech's dividend?

The record date for the dividend is June 2, 2021.

How does Mannatech show commitment to its shareholders?

Mannatech shows commitment by declaring regular dividends and emphasizing long-term investment.

How long has Mannatech been in operation?

Mannatech has been operating for over 25 years.

Mannatech Inc.

NASDAQ:MTEX

MTEX Rankings

MTEX Latest News

MTEX Stock Data

15.83M
1.14M
39.43%
20.41%
0.11%
Food Distribution
Medicinal Chemicals & Botanical Products
Link
United States of America
FLOWER MOUND