LifeMD, Inc. (LFMDP) to Issue Quarterly Dividend of $0.55 on July 15th

LifeMD, Inc. (NASDAQ:LFMDP) declared a quarterly dividend on Monday, June 15th. Stockholders of record on Friday, July 3rd will be paid a dividend of 0.5547 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date is Thursday, July 2nd.

LifeMD Trading Up 0.6%

Shares of LFMDP opened at $23.60 on Tuesday. LifeMD has a 12 month low of $18.50 and a 12 month high of $24.34. The stock has a fifty day moving average price of $23.70 and a 200-day moving average price of $23.00.

LifeMD Company Profile

LifeMD Inc is a telehealth provider offering personalized virtual medical and wellness services via its digital platform. The company connects patients with licensed healthcare professionals for consultations, diagnosis, and treatment across a broad spectrum of health needs. Through a subscription-based model, LifeMD delivers ongoing support for chronic condition management, preventive care and general health maintenance, aiming to improve access to care and enhance patient convenience.

The company’s service offerings include remote consultations in primary care, hormone replacement therapy, sexual health, weight management, mental wellness and dermatology.