Lifevantage Corporation (NASDAQ:LFVN) to Issue Quarterly Dividend of $0.05

by · The Markets Daily

Lifevantage Corporation (NASDAQ:LFVN – Get Free Report) declared a quarterly dividend on Monday, November 9th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.05 per share on Tuesday, December 15th. This represents a $0.20 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, December 1st.

Lifevantage has a dividend payout ratio of 18.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Lifevantage to earn $0.53 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 37.7%.

Lifevantage Stock Up 1.3%

Shares of NASDAQ:LFVN opened at $5.29 on Tuesday. Lifevantage has a fifty-two week low of $3.90 and a fifty-two week high of $11.71. The firm has a 50-day simple moving average of $6.04 and a 200 day simple moving average of $5.88. The company has a market cap of $66.60 million, a PE ratio of 10.66 and a beta of 0.71.

Lifevantage (NASDAQ:LFVN – Get Free Report) last released its quarterly earnings data on Monday, November 9th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). Lifevantage had a return on equity of 21.56% and a net margin of 2.78%. The business had revenue of $37.12 million for the quarter, compared to analyst estimates of $40.49 million. As a group, research analysts forecast that Lifevantage will post 0.39 EPS for the current fiscal year.

About Lifevantage

(Get Free Report)

LifeVantage Corporation is a health and wellness company that develops, markets and distributes dietary supplements and personal-care products. Its product portfolio is designed to support areas such as cellular health, antioxidant defenses, energy, nutrition and skin care.

The company’s principal brands have included Protandim, a line of dietary supplements; TrueScience, a skin-care and wellness brand; and Petandim, products formulated for pets. LifeVantage primarily uses a direct-selling business model, distributing its products through independent sales representatives and online channels.

Founded in 2003 and headquartered in Lehi, Utah, LifeVantage serves customers in the United States and selected international markets.

Further Reading