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Utah Medical Products, Inc. Announces Quarterly Dividend

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Rhea-AI Summary

Utah Medical Products (NASDAQ:UTMD) declares a quarterly cash dividend of $0.29 per share, payable on October 5, 2022, to shareholders on record by September 16, 2022. This dividend reflects a 1.8% increase compared to the same quarter last year. Utah Medical Products specializes in developing and manufacturing medical devices for women and infants, recognized globally for quality and performance.

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Positive

  • Quarterly dividend of $0.29 per share, a 1.8% increase from last year, signals company growth.
  • Strong recognition in over 100 countries promotes investor confidence.

Negative

  • None.

News Market Reaction – UTMD

-2.11%
-2.11% Session move

In the trading session that priced this news, UTMD declined 2.11%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SALT LAKE CITY, UT / ACCESSWIRE / August 2, 2022 / Utah Medical Products, Inc. (NASDAQ:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-nine cents ($.29) per share of common stock payable on October 5, 2022 to shareholders of record at the close of business on September 16, 2022. This is a 1.8% increase over the dividend declared in the same quarter of the prior year.

Utah Medical Products, Inc., with particular interest in health care for women and their babies, develops, manufactures and markets a broad range of disposable and reusable specialty medical devices recognized by clinicians in over a hundred countries around the world as the standard for obtaining optimal long term outcomes for their patients. For more information about Utah Medical Products, Inc., visit UTMD's website at www.utahmed.com.

Contact: Crystal Rios
(801) 566-1200

SOURCE: Utah Medical Products, Inc.



View source version on accesswire.com:
https://www.accesswire.com/710371/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend

FAQ

What is the dividend amount announced by Utah Medical Products?

Utah Medical Products announced a quarterly dividend of $0.29 per share.

When will the dividend be paid?

The dividend will be paid on October 5, 2022.

What is the record date for the dividend?

The record date for the dividend is September 16, 2022.

How much has the dividend increased compared to last year?

The dividend has increased by 1.8% compared to the same quarter last year.