Lifevantage's most recent quarterly dividend of $0.04 per share was on May 31, 2024 (ex-date). The annualized payout of $0.15 per share represents a current dividend yield of 2.07%. The latest LFVN distribution of $0.04 marks a dividend growth of 14%.
LFVN has a dividend yield of 2.07% which is below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.32%, Lifevantage's dividend yield is 11% lower.
Lifevantage has a history of paying dividends since 2022. Our records of LFVN show that the company has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has an increase of 16% for the last year. But since the stock price has gone up by 41% from a year ago, the dividend yield has decreased by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 31, 2024 | Jun 14, 2024 | May 2, 2024 | $0.04 | normal |
| Feb 29, 2024 | Mar 15, 2024 | Jan 25, 2024 | $0.035 | normal |
| Nov 30, 2023 | Dec 15, 2023 | Nov 9, 2023 | $0.035 | normal |
| Sep 7, 2023 | Sep 22, 2023 | Aug 28, 2023 | $0.035 | normal |
| Sep 7, 2023 | Sep 22, 2023 | Aug 28, 2023 | $0.4 | special |
| May 31, 2023 | Jun 15, 2023 | May 4, 2023 | $0.035 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Feb 2, 2023 | $0.03 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 2, 2022 | $0.03 | normal |
| Sep 1, 2022 | Sep 15, 2022 | Aug 23, 2022 | $0.03 | normal |
| May 16, 2022 | May 31, 2022 | May 3, 2022 | $0.03 | normal |
LFVN has a payout ratio of 51.8% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 40.9%, Lifevantage's payout ratio is 27% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LFVN Lifevantage Corp | 1.81% | $0.15 | 51.8% |
| MTEX Mannatech Inc | N/A | N/A | N/A |
Yes, Lifevantage has been paying dividends for the last two years.
Currently LFVN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.
Lifevantage's last dividend ex-date was on May 31, 2024. The dividend amount was $0.04 per share.
LFVN's annualized dividend per share is $0.15.
Lifevantage's current dividend yield is 2.07%.
Lifevantage has a quarterly dividend frequency.
The dividend payout ratio of Lifevantage is 51.8%.
Lifevantage's dividend yield is below the Consumer Defensive sector average.