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Utah Medical Products, Inc. Increases Regular Quarterly Dividend

Utah Medical Products, Inc. (UTMD) announced a quarterly cash dividend of $0.295 per share, payable on January 4, 2023, to shareholders of record by December 16, 2022.

(Neutral)

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Rhea-AI Summary

Utah Medical Products, Inc. (UTMD) announced a quarterly cash dividend of $0.295 per share, payable on January 4, 2023, to shareholders of record by December 16, 2022. This represents a 1.7% increase from the prior dividend. The company specializes in developing and marketing medical devices focused on women's health and neonatal care, with products recognized globally for optimal patient outcomes.

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Positive

  • Quarterly cash dividend increased by 1.7%, enhancing income for shareholders.
  • Strong focus on women's health and neonatal care positions the company well in a niche market.

Negative

  • None.
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News Market Reaction – UTMD

The recorded move for UTMD in the trading session of this news was +0.10%.

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SALT LAKE CITY, UT / ACCESSWIRE / November 1, 2022 / Utah Medical Products, Inc. (Nasdaq:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-nine and one-half cents ($.295) per share of common stock payable on January 4, 2023 to shareholders of record at the close of business on December 16, 2022. This is a 1.7% increase over the prior regular 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/723084/Utah-Medical-Products-Inc-Increases-Regular-Quarterly-Dividend

FAQ

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

What is the dividend amount declared by UTMD?

UTMD declared a quarterly cash dividend of $0.295 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 4, 2023.

What is the record date for the UTMD dividend?

The record date for the dividend is December 16, 2022.

How much has the UTMD dividend increased?

The dividend has increased by 1.7% compared to the previous amount.

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