Press Releases June 23, 2026 08:00 AM

LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock

LifeMD announces quarterly dividend on its Series A Preferred Stock to be paid in July 2026

By Marcus Reed
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LifeMD, Inc., a telehealth company specializing in virtual primary care, announced that its Board of Directors authorized a cash dividend of $0.5546875 per share on its 8.875% Series A Cumulative Perpetual Preferred Stock. The dividend will be paid on July 15, 2026, to holders of record as of July 3, 2026. The company delivers telemedicine and related health services across many conditions through a vertically integrated digital platform and nationwide affiliated medical and pharmacy groups.

LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock
LFMD
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Key Points

  • LifeMD declared a quarterly cash dividend on its Series A Cumulative Perpetual Preferred Stock at $0.5546875 per share.
  • The dividend payment will be made on July 15, 2026, to shareholders of record July 3, 2026.
  • LifeMD operates a vertically integrated telehealth platform serving various health conditions nationwide, impacting the healthcare and technology sectors.

NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading direct-to-patient telehealth company, today announced that its Board of Directors has authorized a cash dividend to holders of the Company’s 8.875% Series A Cumulative Perpetual Preferred Stock (Nasdaq: LFMDP) equal to $0.5546875 per share.

The preferred dividend will be paid on July 15, 2026, to holders of record at the close of business on July 3, 2026.

About LifeMD, Inc.

LifeMD® is a leading provider of virtual primary care. LifeMD offers telemedicine, access to laboratory and pharmacy services, and specialized treatment across more than 200 conditions, including primary care, men’s and women's health, weight management, and hormone therapy. The Company leverages a vertically integrated, proprietary digital care platform, a 50-state affiliated medical group, a state-of-the-art affiliated pharmacy, and a U.S.-based patient care center to increase access to high-quality and affordable care. For more information, please visit LifeMD.com.

Cautionary Note Regarding Forward Looking Statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended; Section 21E of the Securities Exchange Act of 1934, as amended; and the safe harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this news release may be identified by the use of words such as: “believe,” “expect,” “anticipate,” “project,” “should,” “plan,” “will,” “may,” “intend,” “estimate,” predict,” “continue,” and “potential,” or, in each case, their negative or other variations or comparable terminology referencing future periods. Examples of forward-looking statements include, but are not limited to, statements regarding our financial outlook and guidance, short and long-term business performance and operations, future revenues and earnings, regulatory developments, legal events or outcomes, ability to comply with complex and evolving regulations, market conditions and trends, new or expanded products and offerings, growth strategies, underlying assumptions, and the effects of any of the foregoing on our future results of operations or financial condition.

Forward-looking statements are not historical facts and are not assurances of future performance. Rather, these statements are based on our current expectations, beliefs, and assumptions regarding future plans and strategies, projections, anticipated and unanticipated events and trends, the economy, and other future conditions, including the impact of any of the aforementioned on our future business. As forward-looking statements relate to the future, they are subject to inherent risk, uncertainties, and changes in circumstances and assumptions that are difficult to predict, including some of which are out of our control. Consequently, our actual results, performance, and financial condition may differ materially from those indicated in the forward-looking statements. These risks and uncertainties include, but are not limited to, “Risk Factors” identified in our filings with the Securities and Exchange Commission, including, but not limited to, our most recently filed Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and any amendments thereto. Even if our actual results, performance, or financial condition are consistent with forward-looking statements contained in such filings, they may not be indicative of our actual results, performance, or financial condition in subsequent periods.

Any forward-looking statement made in the news release is based on information currently available to us as of the date on which this release is made. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required under applicable law or regulation.

Investor Contact
[email protected]

Media Contact
[email protected]


Risks

  • Forward-looking statements in the release highlight uncertainties such as regulatory developments, market conditions, and operational risks that may affect future financial performance.
  • Risks related to compliance with complex and evolving healthcare regulations could impact company operations.
  • Uncertainties inherent in the telehealth market, including competition and patient adoption rates, may affect future business results.

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