LifeVantage Declares Quarterly Dividend
October 29 2024 - 4:06PM
LifeVantage Corporation (Nasdaq:LFVN), a leading health and
wellness company with products designed to activate optimal health
processes at the cellular level, today announced that the Company’s
Board of Directors has approved a quarterly cash dividend of $0.04
per share of common stock, which will be paid December 16, 2024 to
all stockholders of record at the close of business on December 2,
2024.
About LifeVantage Corporation
LifeVantage Corporation® (Nasdaq: LFVN), the
Activation company, is a pioneer in nutrigenomics—the study of how
nutrition and naturally occurring compounds can unlock your genes
and the health coded within. Our products work with your unique
biology and help your body make what it needs for health. The line
of scientifically validated activators includes the flagship
Protandim® family of products, TrueScience® Liquid Collagen, the
newest MindBody GLP-1 System™, Activation-supporting nutrients such
as Omega, D3+, and the Rise AM & Reset PM System™, as well as
AXIO® nootropic energy drink mixes, the full TrueScience® line of
skin and hair care products, and Petandim®, a pet supplement
formulated to combat oxidative stress in dogs. Our independent
Consultants sell our products to Customers and share the business
opportunity with entrepreneurs seeking to begin their own sales
business. LifeVantage was founded in 2003 and is headquartered in
Lehi, Utah. For more information,
visit www.lifevantage.com.
Cautionary Note Regarding Forward Looking
Statements
This document contains forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Words and
expressions reflecting optimism, satisfaction or disappointment
with current prospects, as well as words such as "believe," "will,"
"hopes," "intends," "estimates," "expects," "projects," "plans,"
"anticipates," "look forward to," "goal," “may be,” and variations
thereof, identify forward-looking statements, but their absence
does not mean that a statement is not forward-looking. The
declaration and/or payment of a dividend during any quarter
provides no assurance as to future dividends, and the timing and
amount of future dividends, if any, could vary significantly in
comparison both to past dividends and to current expectations.
Examples of forward-looking statements include, but are not limited
to, statements we make regarding executing against and the benefits
of our key initiatives, future growth, including geographic and
product expansion, the impact of COVID-19 on our business, expected
financial performance, and expected dividend payments in future
quarters. Such forward-looking statements are not guarantees of
performance and the Company's actual results could differ
materially from those contained in such statements. These
forward-looking statements are based on the Company's current
expectations and beliefs concerning future events affecting the
Company and involve known and unknown risks and uncertainties that
may cause the Company's actual results or outcomes to be materially
different from those anticipated and discussed herein. These risks
and uncertainties include, among others, further deterioration to
the global economic and operating environments as a result of
future COVID-19 developments, as well as those discussed in greater
detail in the Company's Annual Report on Form 10-K and the
Company's Quarterly Report on Form 10-Q under the caption "Risk
Factors," and in other documents filed by the Company from time to
time with the Securities and Exchange Commission (the “SEC”). The
Company cautions investors not to place undue reliance on the
forward-looking statements contained in this document. All
forward-looking statements are based on information currently
available to the Company on the date hereof, and the Company
undertakes no obligation to revise or update these forward-looking
statements to reflect events or circumstances after the date of
this document, except as required by law.
Investor Relations Contact:
Reed Anderson, ICR(646)
277-1260reed.anderson@icrinc.com
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