Mannatech, Incorporated (MTEX) To Go Ex-Dividend on December 14th

Mannatech, Incorporated (NASDAQ:MTEX) declared a quarterly dividend on Tuesday, November 23rd, Wall Street Journal reports. Stockholders of record on Wednesday, December 15th will be paid a dividend of 0.20 per share on Wednesday, December 29th. This represents a $0.80 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Tuesday, December 14th.

Mannatech has raised its dividend by 14.0% over the last three years and has increased its dividend every year for the last 2 years.

Shares of MTEX stock opened at $38.30 on Thursday. Mannatech has a 1-year low of $13.65 and a 1-year high of $49.08. The firm’s 50-day simple moving average is $36.21 and its 200-day simple moving average is $30.58. The firm has a market cap of $73.61 million, a P/E ratio of 10.05 and a beta of 1.05.

A hedge fund recently bought a new stake in Mannatech stock. Geode Capital Management LLC acquired a new stake in Mannatech, Incorporated (NASDAQ:MTEX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,357 shares of the company’s stock, valued at approximately $240,000. Geode Capital Management LLC owned approximately 0.39% of Mannatech as of its most recent SEC filing. 23.40% of the stock is owned by hedge funds and other institutional investors.

About Mannatech

Mannatech, Inc develops nutritional supplements, topical and skin care products and weight-management products that target optimal health and wellness. Its product category include integrative health,targeted health, wealth and fitness, skin care, essentials, and home. The company was founded by Marlin Ray Robbins and Samuel L.

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Dividend History for Mannatech (NASDAQ:MTEX)

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