Utah Medical Products, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Utah Medical Products, Inc. (Nasdaq: UTMD) has announced a quarterly cash dividend of $0.30 per share of common stock. This represents a 1.7% increase compared to the dividend declared in the same quarter of the previous year. The dividend will be payable on October 4, 2024, to stockholders of record at the close of business on September 20, 2024.

UTMD specializes in developing, manufacturing, and marketing a wide range of disposable and reusable specialty medical devices, with a particular focus on healthcare for women and their babies. The company's products are recognized by clinicians in over 100 countries worldwide as the standard for achieving optimal long-term patient outcomes.

Positive

• Quarterly dividend increased by 1.7% year-over-year
• Company maintains consistent dividend payments, indicating financial stability
• UTMD's products are recognized as standard in over 100 countries

Negative

• None.

News Market Reaction

-1.04%

1 alert

-1.04% News Effect

On the day this news was published, UTMD declined 1.04%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SALT LAKE CITY, UT / ACCESSWIRE / August 2, 2024 / Utah Medical Products, Inc. (Nasdaq:UTMD) announces that its Board of Directors approved a quarterly cash dividend of thirty cents ($.30) per share of common stock payable on October 4, 2024 to stockholders of record at the close of business on September 20, 2024. This is a 1.7% 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:
Brian Koopman
(801) 566-1200

SOURCE: Utah Medical Products, Inc.

View the original press release on accesswire.com

FAQ

What is the new quarterly dividend amount for Utah Medical Products (UTMD)?

Utah Medical Products (UTMD) has announced a quarterly cash dividend of $0.30 per share of common stock.

When is the payment date for UTMD's latest dividend?

The dividend is payable on October 4, 2024.

What is the record date for UTMD's Q3 2024 dividend?

The record date for the dividend is September 20, 2024, at the close of business.

How much has UTMD increased its dividend compared to the previous year?

UTMD has increased its quarterly dividend by 1.7% compared to the same quarter of the prior year.

What is Utah Medical Products' (UTMD) primary business focus?

UTMD focuses on healthcare for women and their babies, developing and manufacturing specialty medical devices recognized globally.