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Utah Medical Products, Inc. Announces Quarterly Dividend

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Rhea-AI Summary

Utah Medical Products, Inc. (NASDAQ: UTMD) announced a 1.7% increase in their quarterly cash dividend to thirty cents ($.30) per share of common stock. The dividend will be payable on July 5, 2024, to stockholders of record as of June 14, 2024. The company specializes in health care products for women and babies, with a global presence in over a hundred countries.

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Positive

  • Utah Medical Products, Inc. has increased its quarterly dividend by 1.7% compared to the prior year, showcasing the company's commitment to rewarding shareholders.

  • The company's focus on developing, manufacturing, and marketing specialty medical devices for women's health and baby care has gained recognition from clinicians worldwide, indicating a strong market presence and reputation.

Negative

  • None.

News Market Reaction – UTMD

+0.12%
+0.12% Session move

In the trading session that priced this news, UTMD gained 0.12%, reflecting a mild positive 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 / May 7, 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 July 5, 2024 to stockholders of record at the close of business on June 14, 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

When will Utah Medical Products, Inc. pay the quarterly dividend to stockholders?

Utah Medical Products, Inc. will pay the quarterly dividend of thirty cents per share on July 5, 2024, to stockholders of record as of June 14, 2024.

What is the percentage increase in the quarterly dividend declared by Utah Medical Products, Inc.?

Utah Medical Products, Inc. announced a 1.7% increase in the quarterly cash dividend compared to the same quarter of the prior year.

What is Utah Medical Products, Inc.'s area of focus in the healthcare sector?

Utah Medical Products, Inc. specializes in developing, manufacturing, and marketing disposable and reusable specialty medical devices for women's health and baby care.