Utah Medical Products, Inc. Announces Quarterly Dividend
Rhea-AI Summary
Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly cash dividend of $0.28 per share, set to be paid on October 5, 2020. This marks a 2% increase from the previous year's dividend issued in the same quarter. Shareholders on record as of September 15, 2020 will be eligible for this payment. The company focuses on developing and marketing specialty medical devices aimed at enhancing healthcare outcomes for women and infants worldwide.
Positive
- Quarterly dividend increased by 2% to $0.28 per share.
- Dividend payment demonstrates company confidence and financial health.
Negative
- None.
News Market Reaction – UTMD
In the trading session that priced this news, UTMD gained 2.21%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SALT LAKE CITY, UT / ACCESSWIRE / August 11, 2020 / Utah Medical Products, Inc. (NASDAQ:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-eight cents ($.28) per share of common stock payable on October 5, 2020 to shareholders of record at the close of business on September 15, 2020. This is about a
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/600769/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend