CHESTERFIELD, Mo., May 4 /PRNewswire-FirstCall/ -- Reliv International,
Inc. (Nasdaq: RELV), an international manufacturer and network marketer of
nutritional supplements and other food technology products, today announced
that the Board of Directors has declared a dividend of Three Cents ($0.03) per
share to all holders of record as of May 17, 2004, to be paid on or about
May 31, 2004.
"This dividend is the first in a program adopted by our Board of Directors
to make regular distributions to our shareholders," reported Robert L.
Montgomery, Chief Executive Officer of Reliv. "The intent of the program is
to distribute a portion of Reliv's income to our shareholders on a semi-annual
basis."
"We have achieved consistent and increasing levels of profitability and
believe our financial resources now permit the payment of dividends while
meeting our other financial requirements," said David G. Kreher, Chief
Operating Officer. "We want our shareholders to participate directly in our
financial success by sharing our profits with them," he said.
The declaration of future dividends will be determined by the Board of
Directors from time to time taking into account the results of operations,
conditions, financial requirements of the Company and other factors. The
Board of Directors may change the amount and timing of dividend distributions,
in their discretion.
Reliv International, Inc., based in suburban St. Louis, manufactures and
distributes several lines of food products, including nutritional and fiber
supplements, diet management products, functional foods and sports drink
mixes. Its proprietary product lines include an extensive line of soy-based
products. Reliv International's common stock trades on The Nasdaq Stock
Market(R) under the symbol RELV.
NOTE: Any statement released by Reliv International, Inc. that is forward-
looking is made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Editors and investors are cautioned
that forward-looking statements involve risk and uncertainties that may affect
the Company's business prospect and performance. This includes economic,
competitive, governmental, technological and other factors discussed in the
Company's filings with the SEC on forms 10-K and 10-Q.
SOURCE Reliv International, Inc.
 back to top
Company News On-Call:
http://www.prnewswire.com/comp/103123.html
CONTACT:
David G. Kreher, Chief Operating Officer,
+1-636-537-9715, or Fred Nielson, Investor Relations,
+1-636-537-9715, both of Reliv International, Inc.; or Al Palombo
of Cameron Associates, +1-212-554-5488
|
