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

LifeMD, Inc. (NASDAQ:LFMDP) announced a quarterly dividend on Wednesday, March 26th, Wall Street Journal reports. Shareholders of record on Friday, April 4th will be paid a dividend of 0.5547 per share on Tuesday, April 15th. This represents a $2.22 dividend on an annualized basis and a yield of 8.96%. The ex-dividend date of this dividend is Friday, April 4th.

LifeMD Stock Up 0.6 %

Shares of LifeMD stock opened at $24.75 on Friday. The company has a 50 day moving average of $22.80 and a 200-day moving average of $22.53. LifeMD has a 1-year low of $20.25 and a 1-year high of $27.44.

About LifeMD

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.