LifeMD, Inc. to Issue Quarterly Dividend of $0.55 (NASDAQ:LFMDP)

LifeMD, Inc. (NASDAQ:LFMDPGet Free Report) announced a quarterly dividend on Tuesday, June 23rd. Investors of record on Friday, July 3rd will be given a dividend of 0.5547 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Thursday, July 2nd.

LifeMD Stock Up 0.2%

Shares of NASDAQ LFMDP traded up $0.04 during mid-day trading on Tuesday, hitting $23.50. The company had a trading volume of 4,255 shares, compared to its average volume of 2,191. LifeMD has a 12 month low of $18.50 and a 12 month high of $24.34. The business’s 50-day simple moving average is $23.74 and its 200-day simple moving average is $22.97.

About LifeMD

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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.

Further Reading

Dividend History for LifeMD (NASDAQ:LFMDP)

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