YOUNGEVITY INTERNATIONAL, INC. (OTCMKTS:YGYI) Files An 8-K Other EventsItem 8.01 Other Events
On November 27, 2018, the Board of Directors of Youngevity International, Inc. (the “Company”) declared an annual cash dividend of $0.57 per share on its Series C Convertible Preferred Stock to be paidquarterly. The Company intends to pay the cash dividend on November 30, 2018 in a quarterly payment of $0.1425 to holders of record as of the close of business on September 28, 2018, on January 2, 2019 in a quarterly payment of $0.1425 to holders of record as of the close of business on December 26, 2018, on April 2, 2019 in a quarterly payment of $0.1425 to holders of record as of the close of business on March 27, 2019 and on July 2, 2019 in a quarterly payment of $0.1425 to holders of record as of the close of business on June 28, 2019.
About YOUNGEVITY INTERNATIONAL, INC. (OTCMKTS:YGYI)
Youngevity International, Inc. is an e-commerce company. The Company operates through two segments: the direct selling segment where products are offered through a global distribution network of customers and distributors, and the commercial coffee segment where products are sold directly to businesses. The Company offers over 2,500 products to support a healthy lifestyle. All of these products, which are sold through its direct selling network, are categorized into over 11 sub-product lines. In the direct selling segment, the Company sells health and wellness, beauty product and skin care, scrap booking and story booking items, and packaged food products on a global basis, and offers a range of products through an international direct selling network. The Company is engaged in the commercial sale of coffee through its subsidiary CLR Roasters, LLC (CLR) and its subsidiary. Its brands include Cafe La Rica, Javalution Daily Grind, Javalution Royal Roast, SOZO Global and Integris.
