SAN DIEGO, Oct. 20, 2020 /PRNewswire/ -- Youngevity
International, Inc. (NASDAQ: YGYI), a leading multi-channel
lifestyle company, today announced the declaration of its regular
monthly dividend of $0.203125 per share of its 9.75%
Series D Cumulative Redeemable Perpetual Preferred Stock
(NASDAQ:YGYIP) for each of October, November and December 2020. The dividend will be payable
on November 16, 2020, December 15,
2020 and January 15, 2021 to
holders of record as of October 31, November 30 and December
31, 2020. The dividend will be paid in cash.
About Youngevity International, Inc.
Youngevity International, Inc.
( NASDAQ : YGYI ), is a multi-channel lifestyle
company operating in 3 distinct business segments including a
commercial coffee enterprise, a commercial hemp enterprise, and a
multi-vertical omni direct selling enterprise. The Company
features a multi country selling network and has assembled a
virtual Main Street of products and services under one corporate
entity, YGYI offers products from the six top selling retail
categories: health/nutrition, home/family, food/beverage (including
coffee), spa/beauty, apparel/jewelry, as well as innovative
services. For investor information, please visit YGYI.com. Be sure
to like us on Facebook and follow us on Twitter.
Safe Harbor Statement
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. In
some cases, forward-looking statements can be identified by
terminology such as "may," "should," "potential," "continue,"
"expects," "anticipates," "intends," "plans," "believes,"
"estimates," and similar expressions. These forward-looking
statements are based on management's expectations and assumptions
as of the date of this press release and are subject to a number of
risks and uncertainties, many of which are difficult to predict
that could cause actual results to differ materially from current
expectations and assumptions from those set forth or implied by any
forward-looking statements. Important factors that could cause
actual results to differ materially from current expectations
include, among others, our ability to continue our coffee
segment and hemp segment growth, our ability to continue our
international growth, our ability to leverage our platform and
global infrastructure to drive organic growth, our ability to
improve our profitability, expand our liquidity, and strengthen our
balance sheet, our ability to file our restated Quarterly Report on
Form 10-Q for the periods ended March 31,
2019, June 30, 2019 and
September 30, 2019, Annual Report on
Form 10-K for the year ended December 31,
2019 and Quarterly Report on Form 10-Q for the periods ended
March 31, 2020 and June 30, 2020 as soon as possible to regain
compliance with the NASDAQ requirements and thereafter
maintain compliance with the NASDAQ requirements, the acceptance of
the omni-direct approach by our customers, our ability to expand
our distribution, our ability to continue our financial
performance and the other factors discussed in our Annual Report on
Form 10-K for the year ended December 31,
2018 and our subsequent filings with the SEC, including
subsequent periodic reports on Forms 10-Q and 8-K. The information
in this release is provided only as of the date of this release,
and we undertake no obligation to update any forward-looking
statements contained in this release on account of new information,
future events, or otherwise, except as required by law.
Contacts:
Youngevity International, Inc.
Dave Briskie
President and Chief Financial Officer
1 800 982 3189 X6500
Investor Relations
YGYI Investor Relations
investors@ygyi.com
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SOURCE Youngevity International, Inc.