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

LifeMD, Inc. (NASDAQ:LFMDP) declared a quarterly dividend on Friday, December 27th,Wall Street Journal reports. Investors of record on Friday, January 3rd will be paid a dividend of 0.5547 per share on Wednesday, January 15th. This represents a $2.22 annualized dividend and a yield of 10.11%. The ex-dividend date of this dividend is Friday, January 3rd.

LifeMD Price Performance

NASDAQ:LFMDP traded down $0.28 on Friday, reaching $21.95. 3,439 shares of the company’s stock traded hands, compared to its average volume of 6,248. The stock has a 50-day simple moving average of $22.40 and a 200-day simple moving average of $22.32. LifeMD has a 12 month low of $17.15 and a 12 month high of $25.00.

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.