Source: CNBC 8/27/2009

Mannatech Suspends Dividend

COPPELL, Texas - Diet supplement and skin care company Mannatech Inc. suspended its quarterly dividend on Friday, citing its recent financial performance.

The company said it paid over $2 million in dividends last year. It said it needs to save the money to pay for initiatives aimed at boosting sales and recruitment.

The company said directors will consider reinstating the dividend when financial results improve.

Before the announcement, Mannatech shares had risen 15 cents, or 4.3 percent, to close at $3.63.

View Mannatech Review

Related News

  • Mannatech Promotes Two Members of Executive Team
    January 15, 2018 COPPELL, Texas--Mannatech, Incorporated promoted and added new responsibilities to a pair of senior members of its executive team, Landen Fredrick and Joel Bikman.

    Fredrick, previously the Senior Vice President of Global Operations, was promoted to Chief Global Sales Officer ...  Read More...

  • Mannatech Offers 10K Prize for Fat Loss Challenge Winner
    COPPELL, Texas--Mannatech, Incorporated, a global health and wellness company committed to transforming lives to make a better world, will provide a $10,000 cash Grand Prize to its "Most Transformed" contestant in this year's Transformation Challenge.

    More than a simple weight-loss challenge,...  Read More...

  • Mannatech Creates Global Scientific Advisory Board
    April 28, 2016 -- Texas-based Mannatech, a global health and wellness company, has assembled a global scientific advisory board to provide support for the development and review of its products.

    The firm has appointed nine third-party scientists to the advisory board who will be tasked with d...  Read More...

  • Mannatech Million Dollar Club Grows to 200 Associates
    COPPELL, Texas, Jul 16, 2015 -- Mannatech, Incorporated, the founder of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, and pioneer of nutritional glycobiology-based supplements and skincare, has announced its Million Dollar Club has grown to 200 individuals.* The Mannatech Million ...  Read More...

 

Mannatech News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed