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

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 paid 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 10.05%. The ex-dividend date is Friday, October 4th.

LifeMD Stock Down 3.1 %

Shares of NASDAQ LFMDP opened at $22.08 on Wednesday. LifeMD has a fifty-two week low of $17.15 and a fifty-two week high of $25.00. The firm’s 50-day simple moving average is $22.00 and its 200 day simple moving average 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.