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

LifeMD, Inc. (NASDAQ:LFMDP) declared a quarterly dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Friday, October 4th will be given a dividend of 0.5547 per share on Tuesday, October 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 9.87%. The ex-dividend date of this dividend is Friday, October 4th.

LifeMD Trading Up 1.9 %

LifeMD stock opened at $22.49 on Thursday. LifeMD has a 12-month low of $17.15 and a 12-month high of $25.00. The business’s 50-day moving average price is $22.01 and its two-hundred day moving average price is $22.25.

LifeMD Company Profile

LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair loss; NavaMD, a female-oriented tele-dermatology that offers virtual medical treatment from dermatologists and other providers; and prescription oral and compounded topical medications to treat aging and acne; and Cleared which provides personalized treatments for allergy, asthma and immunology, including in-home tests for both environmental and food allergies, prescriptions for allergies and asthma and immunotherapies for treating chronic allergies.