Mannatech, Incorporated’s Board of Directors announced the declaration of a cash dividend of $0.20 per share of common stock. This dividend will be payable on Wednesday, September 29, 2021 to shareholders of record at the close of business on Wednesday, September 15, 2021. “Mannatech is fully committed to delivering value to our shareholders,” said Al […]
e financial results for its fourth fiscal quarter and full fiscal year ending June 30, 2021.
The company’s net income and net revenue increased 8% and 86% respectively year-over-year. Net revenue totaled $9.6 million for the quarter while net income reached $7 million. Gross profit for the quarter was $5.6 million.
The Direct Selling Capital Advisors Direct Selling Index (DSCI) declined 7.4 percent in July 2021, underperforming the Dow Jones Industrial Average (DJIA), which gained 1.3 percent during the month.
Mannatech, Incorporated announced a 12.9% increase in net sales during the second quarter of 2021 over the previous year’s quarter, resulting in net sales of $42.5 million.