LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock
LifeMDLifeMD(US:LFMD) Newsfilter·2024-06-25 20:05

Core Viewpoint - LifeMD, Inc. has announced a cash dividend of $0.5546875 per share for its 8.875% Series A Cumulative Perpetual Preferred Stock, reflecting the company's commitment to returning value to its shareholders [1][6]. Company Overview - LifeMD is a prominent provider of virtual primary care services, offering telemedicine, laboratory and pharmacy access, and specialized treatment for over 200 conditions, including primary care, men's and women's health, weight management, and hormone therapy [2]. - The company utilizes a vertically integrated, proprietary digital care platform, supported by a 50-state affiliated medical group and a U.S.-based patient care center, to enhance access to high-quality and affordable healthcare [2]. Dividend Details - The preferred dividend will be distributed on July 15, 2024, to shareholders on record as of July 5, 2024 [6].