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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, an approximate 2% increase from the prior year. The dividend is payable on October 5, 2021 to shareholders on record by September 16, 2021. The company focuses on developing and manufacturing specialty medical devices aimed at improving health care for women and infants. Their products are recognized in over 100 countries for optimal patient outcomes. For further details, visit www.utahmed.com.

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Positive

  • Quarterly cash dividend of $.285 per share announced.
  • Dividend represents a 2% increase compared to the same quarter last year.
  • Focus on health care for women and infants supports sustainable growth.

Negative

  • None.

News Market Reaction – UTMD

-1.66%
-1.66% Session move

In the trading session that priced this news, UTMD declined 1.66%, 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 / August 3, 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 October 5, 2021 to shareholders of record at the close of business on September 16, 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/657969/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend

FAQ

What is the dividend amount announced by UTMD?

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

When will the dividend be paid to shareholders of UTMD?

The dividend will be payable on October 5, 2021.

What is the record date for the UTMD dividend?

The record date for the dividend is September 16, 2021.

How does this dividend compare to last year’s dividend?

This dividend is about a 2% increase over the dividend declared in the same quarter of the previous year.