LifeMD Announces Quarterly Dividend for Preferred Shares
LifeMD Inc.'s preferred shares (LFMDP) have declared a quarterly dividend of $0.5547 per share, consistent with previous payouts and yielding approximately 9.5% forward yield. The payment is scheduled for October 15 to shareholders on record as of October 2, with an ex-dividend date also set for October 2. The company's recent financial results show a GAAP EPS loss of $0.16 per share and revenue of $47.3 million in the quarter, both below expectations by small margins. LifeMD has outlined projected Q4 2026 performance with expected revenues between $60M-$64M and adjusted EBITDA of $3M to $6M as it shifts away from paid media strategies. Despite these earnings misses, some analysts suggest the stock may still be undervalued. The dividend declaration indicates continued confidence in cash flow generation for preferred shareholders.
Tickers: $LFMDP