LifeMD's Series A Preferred Stock Yield Pushes Past 10%

In trading on Thursday, shares of LifeMD Inc's 8.875% Series A Cumulative Perpetual Preferred Stock (LFMDP) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $22.18 on the day. This compares to an average yield of 10.13% in the "Diagnostics" preferred stock category, according to Preferred Stock Channel..