Utah Medical Products, Inc. Declares Quarterly Dividend of $0.30 (NASDAQ:UTMD)

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly dividend on Friday, August 2nd, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.30 per share by the medical instruments supplier on Friday, October 4th. This represents a $1.20 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend is Friday, September 20th.

Utah Medical Products has raised its dividend payment by an average of 1.8% per year over the last three years.

Utah Medical Products Stock Up 0.2 %

UTMD opened at $67.22 on Thursday. Utah Medical Products has a 52-week low of $65.60 and a 52-week high of $89.15. The business has a fifty day moving average of $68.26 and a 200 day moving average of $68.26. The stock has a market cap of $233.93 million, a P/E ratio of 14.94 and a beta of 0.08.

Utah Medical Products (NASDAQ:UTMD) last issued its earnings results on Thursday, July 25th. The medical instruments supplier reported $0.98 EPS for the quarter. The business had revenue of $10.40 million for the quarter. Utah Medical Products had a net margin of 33.56% and a return on equity of 12.41%.

About Utah Medical Products

Utah Medical Products, Inc develops, manufactures, and distributes medical devices for the healthcare industry worldwide. It offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems.