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Utah Medical Products, Inc. Increases Quarterly Dividend

Utah Medical Products, Inc. (NASDAQ:UTMD) has announced a quarterly cash dividend of $0.285 per share, payable on January 5, 2021, to shareholders on record by the close of business on December 15, 2020.

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Rhea-AI Summary

Utah Medical Products, Inc. (NASDAQ:UTMD) has announced a quarterly cash dividend of $0.285 per share, payable on January 5, 2021, to shareholders on record by the close of business on December 15, 2020. This represents a 2% increase from the previous quarterly dividend. The company specializes in developing, manufacturing, and marketing specialty medical devices, focusing on healthcare for women and their babies, and is recognized globally for its commitment to optimal patient outcomes.

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Positive

  • Quarterly cash dividend increased by 2% to $0.285 per share.
  • Dividend payout supports shareholder income and confidence.

Negative

  • None.
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+3.89% 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 +3.89%.

Data tracked by StockTitan Argus. Session date unavailable.

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SALT LAKE CITY, UT / ACCESSWIRE / November 3, 2020 / 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 January 5, 2021 to shareholders of record at the close of business on December 15, 2020. This is about a 2% increase over the prior quarterly cash dividend.

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/614064/Utah-Medical-Products-Inc-Increases-Quarterly-Dividend

FAQ

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

What is the dividend amount announced by Utah Medical Products?

The announced dividend amount is $0.285 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 5, 2021.

What is the record date for the dividend?

The record date for the dividend is December 15, 2020.

How does the new dividend compare to the previous one?

The new dividend represents a 2% increase over the previous quarterly dividend.

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