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Utah Medical Products, Inc. Announces Quarterly Dividend

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Rhea-AI Summary

Utah Medical Products (NASDAQ:UTMD) has declared a quarterly cash dividend of $.285 per share, to be paid on April 2, 2021, to shareholders on record by March 17, 2021. This dividend reflects a 2% increase compared to the previous year’s quarter. The company remains focused on providing medical devices in the women's health sector, recognized for their quality by clinicians in over 100 countries.

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Positive

  • Quarterly cash dividend increased by 2% to $.285 per share.
  • Dividend payment indicates company confidence and commitment to returning income to shareholders.
  • Strong global recognition of products in over 100 countries, which may support long-term growth.

Negative

  • None.

News Market Reaction – UTMD

-0.02%
-0.02% Session move

In the trading session that priced this news, UTMD declined 0.02%, reflecting a mild 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 / February 9, 2021 / Utah Medical Products, Inc. (NASDAQ:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-eight and one-half cents ($.285) per share of common stock payable on April 2, 2021 to shareholders of record at the close of business on March 17, 2021. This is about a 2% 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/628506/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend

FAQ

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

Utah Medical Products has declared a dividend of $.285 per share.

When will the dividend be paid for UTMD?

The dividend will be paid on April 2, 2021.

What is the record date for the UTMD dividend?

The record date for the dividend is March 17, 2021.

How much has the dividend increased compared to last year?

The dividend has increased by 2% compared to the same quarter last year.