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Utah Medical Products, Inc. Announces Quarterly Dividend

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Rhea-AI Summary

Utah Medical Products (NASDAQ:UTMD) has announced a quarterly cash dividend of $.29 per share, payable on July 6, 2022, to shareholders of record by June 17, 2022. This reflects a 1.8% increase over the previous year's dividend. The company focuses on developing and marketing specialty medical devices for women and their babies, recognized for optimal long-term outcomes globally.

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Positive

  • Quarterly cash dividend increased by 1.8% to $.29 per share.
  • Confidence in financial stability reflected in consistent dividend payments.

Negative

  • None.

News Market Reaction – UTMD

+1.90%
+1.90% Session move

In the trading session that priced this news, UTMD gained 1.90%, 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 10, 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 July 6, 2022 to shareholders of record at the close of business on June 17, 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/700624/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend

FAQ

What is the dividend amount for UTMD?

Utah Medical Products announced a quarterly cash dividend of $.29 per share.

When is the dividend payout date for UTMD?

The dividend is payable on July 6, 2022.

What is the record date for UTMD's dividend?

The record date for the dividend is June 17, 2022.

How much has UTMD's dividend increased?

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