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

LifeMD, Inc. (NASDAQ:LFMDP) declared a quarterly dividend on Tuesday, March 24th. Investors of record on Friday, April 3rd will be paid a dividend of 0.5547 per share on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date of this dividend is Thursday, April 2nd.

LifeMD Price Performance

LifeMD stock opened at $23.11 on Wednesday. LifeMD has a fifty-two week low of $18.50 and a fifty-two week high of $26.99. The firm has a fifty day moving average price of $22.67 and a two-hundred 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.