Lifevantage Corporation (NASDAQ:LFVN – Get Free Report) declared a quarterly dividend on Thursday, January 29th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.045 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Monday, March 2nd.
Lifevantage has a dividend payout ratio of 16.7% indicating that its dividend is sufficiently covered by earnings.
Lifevantage Stock Performance
LFVN stock opened at $4.65 on Friday. The stock’s 50 day moving average price is $5.64 and its 200 day moving average price is $8.01. The firm has a market cap of $59.47 million, a P/E ratio of 7.75 and a beta of 0.33. Lifevantage has a 1 year low of $3.90 and a 1 year high of $17.64.
About Lifevantage
LifeVantage Corporation is a publicly traded company that develops, markets and distributes nutritional supplements, skincare products and weight-management solutions through a direct-selling business model. The company’s flagship offering, Protandim®, is formulated to activate the Nrf2 pathway, which is associated with cellular defense processes. LifeVantage also markets the PhysIQ® line for metabolism and body composition support and the TrueScience® skincare regimen, targeting a range of health and wellness needs.
Founded in 1999 and headquartered in Sandy, Utah, LifeVantage combines research in nutrigenomics with a network of independent distributors to bring its products to market.
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