LifeMD Approves $0.5547 Dividend on 8.875% Series A Preferred Stock
LFMD•LifeMD's board authorized a $0.5546875 per share cash dividend on its 8.875% Series A Cumulative Perpetual Preferred Stock, payable July 15, 2026 to holders of record as of July 3, 2026. The dividend highlights the company's cash flow strength and commitment to preferred shareholder returns.
1. Dividend Declaration
LifeMD's board authorized a cash dividend of $0.5546875 per share on its 8.875% Series A Cumulative Perpetual Preferred Stock, payable on July 15, 2026 to holders of record as of July 3, 2026, marking the company's regular quarterly distribution to preferred shareholders.
2. Series A Preferred Stock Overview
The 8.875% Series A Cumulative Perpetual Preferred Stock carries a fixed dividend rate and ranks senior to common stock in liquidation preference; this ongoing distribution reflects the company's commitment to servicing its preferred capital and managing its balance sheet.
