Utah Medical Products, Inc. (UTMD) to Issue Quarterly Dividend of $0.31 on October 5th

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly dividend on Tuesday, August 4th. Investors of record on Thursday, September 17th will be given a dividend of 0.31 per share by the medical instruments supplier on Monday, October 5th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Thursday, September 17th.

Utah Medical Products has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 3 consecutive years.

Utah Medical Products Trading Down 1.5%

Shares of UTMD opened at $71.21 on Thursday. The firm has a market cap of $226.73 million, a P/E ratio of 21.71 and a beta of 0.35. The stock’s 50 day moving average is $68.88 and its two-hundred day moving average is $66.10. Utah Medical Products has a 12 month low of $53.66 and a 12 month high of $75.75.

Utah Medical Products (NASDAQ:UTMD) last announced its earnings results on Thursday, July 23rd. The medical instruments supplier reported $0.84 EPS for the quarter. Utah Medical Products had a return on equity of 8.79% and a net margin of 29.04%.The business had revenue of $8.53 million during the quarter.

About Utah Medical Products

Utah Medical Products, Inc (NASDAQ: UTMD), headquartered in Midvale, Utah, is a designer, manufacturer and marketer of single‐use medical devices focusing principally on respiratory therapy and patient monitoring applications. Since its founding in the late 1970s, the company has built a reputation for innovation in airway management and non‐invasive monitoring products used in acute and long‐term care settings.

The company’s core product portfolio includes tracheostomy tubes and related accessories, endotracheal tube holders, disposable catheters and sensors for measuring end‐tidal carbon dioxide (CO₂).