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

LifeMD, Inc. (NASDAQ:LFMDP) announced a quarterly dividend on Tuesday, September 24th, Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 9.73%. The ex-dividend date of this dividend is Friday, October 4th.

LifeMD Price Performance

LFMDP stock traded up $0.80 during mid-day trading on Thursday, hitting $22.80. 4,628 shares of the company were exchanged, compared to its average volume of 7,698. LifeMD has a twelve month low of $17.15 and a twelve month high of $25.00. The firm has a fifty day simple moving average of $21.99 and a 200 day simple moving average of $22.23.

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.