Recent Updates
Recently added Catalysts
MTEX Positive Sentiment Score: 75/100

Donna Giordano 972-471-6512 ir mannatech.com Mannatech Declares Fourth Quarter 2022 Dividend (Flower Mound, Texas)

Key Takeaway: Mannatech, Incorporated has announced that its Board of Directors declared a cash dividend of $0.20 per share of common stock. This dividend is set to be paid on March 30, 2023, to shareholders on record as of March 16, 2023. The company emphasizes its commitment to rewarding shareholders and promoting long-term investment. Mannatech has been operational for over 25 years, focusing on health and wellness products through a global network.

Market Sentiment Analysis

POSITIVE FACTORS

  • Declaration of a cash dividend of $0.20 per share rewards shareholders.
  • Demonstrates commitment to long-term investment in Mannatech's stock.
  • Company has a history of over 25 years in the health and wellness market.

Full Press Release Details

MEDIA CONTACT
Donna Giordano
972-471-6512
ir mannatech.com
Mannatech Declares Fourth Quarter 2022 Dividend
(Flower Mound, Texas) March 6, 2023 - 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 $0.20 per share of common stock, payable on Thursday, March 30, 2023, to shareholders of record at the close of business on Thursday, March 16, 2023. 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."
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.
Manager, Executive Office Administration

Frequently Asked Questions

What is Mannatech's recent dividend announcement?

Mannatech declared a cash dividend of $0.20 per share, payable on March 30, 2023.

When is the dividend record date for Mannatech shareholders?

The record date for Mannatech's dividend is March 16, 2023.

How long has Mannatech been operating?

Mannatech has been in operation for over 25 years.

In how many markets does Mannatech operate?

Mannatech operates in 25 markets globally.

What is Mannatech's focus as a company?

Mannatech focuses on health, weight management, fitness, and skin care products.

Last updated: Mar 6, 2023