LifeVantage Co. (LFVN) to Distribute Quarterly Dividend of $0.04 on September 17th

LifeVantage Co. (NASDAQ:LFVN) declared a quarterly dividend on Wednesday, August 28th, Zacks reports. Stockholders of record on Monday, September 9th will be paid a dividend of 0.04 per share on Tuesday, September 17th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Monday, September 9th.

LifeVantage has a payout ratio of 22.9% meaning its dividend is sufficiently covered by earnings.

LifeVantage Price Performance

Shares of LFVN opened at $9.77 on Friday. LifeVantage has a 12 month low of $4.20 and a 12 month high of $10.48. The stock has a market cap of $124.09 million, a PE ratio of 34.89 and a beta of 0.81. The stock’s 50-day moving average is $7.47 and its two-hundred day moving average is $7.03.

LifeVantage (NASDAQ:LFVN) last announced its earnings results on Wednesday, August 28th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.07). The firm had revenue of $48.93 million during the quarter. LifeVantage had a net margin of 1.47% and a return on equity of 27.85%.

LifeVantage Company Profile

LifeVantage Corporation engages in the identification, research, development, formulation, and sale of advanced nutrigenomic activators, dietary supplements, nootropics, pre- and pro-biotics, weight management, skin and hair care, bath and body, and targeted relief products. It offers Protandim, a dietary supplement; LifeVantage Omega+, a dietary supplement that combines DHA and EPA Omega-3 fatty acids, Omega-7 fatty acids, and vitamin D3; LifeVantage ProBio, a dietary supplement to support gut health; PhysIQ, a weight management system; LifeVantage IC Bright, a supplement to support eye and brain health, reduce eye fatigue and strain, supports cognitive functions, and support normal sleep patterns; Petandim for Dogs, a supplement to combat oxidative stress in dogs; and Axio, a nootropic energy drink mix.