Utah Medical Products, Inc. Announces Quarterly Dividend

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly cash dividend of $0.28 per share, set to be paid on October 5, 2020.

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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.

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News Market Reaction – UTMD

The recorded move for UTMD in the trading session of this news was +2.21%.

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08/11/2020 - 08:00 AM

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 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/600769/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend

FAQ

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What is the dividend amount announced by Utah Medical Products?

The dividend amount is $0.28 per share.

When is the dividend payment date for UTMD?

The dividend will be paid on October 5, 2020.

What is the record date for shareholders to receive the UTMD dividend?

The record date is September 15, 2020.

How much has the UTMD dividend increased compared to last year?

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

Is the dividend of Utah Medical Products sustainable?

The sustainability of the dividend will depend on the company's future financial performance.

Utah Medical Products, Inc. Announces Quarterly Dividend