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Utah Medical Products, Inc. Announces Quarterly Dividend

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.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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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.
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-0.02% session move Open Argus
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News Market Reaction – UTMD

The recorded move for UTMD in the trading session of this news was -0.02%.

Data tracked by StockTitan Argus. Session date unavailable.

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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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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