LifeMD, Inc. (NASDAQ:LFMDP) Plans $0.55 Quarterly Dividend

LifeMD, Inc. (NASDAQ:LFMDPGet Free Report) declared a quarterly dividend on Tuesday, June 23rd. Stockholders of record on Friday, July 3rd will be given 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 Stock Up 0.2%

Shares of LFMDP traded up $0.04 on Tuesday, hitting $23.50. The company’s stock had a trading volume of 4,255 shares, compared to its average volume of 2,191. LifeMD has a fifty-two week low of $18.50 and a fifty-two week high of $24.34. The company has a 50 day moving average price of $23.74 and a 200 day moving average price of $22.97.

LifeMD Company Profile

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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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