Utah Medical Products, Inc. (NASDAQ:UTMD) to Issue Quarterly Dividend of $0.30

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly dividend on Monday, August 5th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.30 per share by the medical instruments supplier on Friday, October 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Friday, September 20th.

Utah Medical Products has raised its dividend payment by an average of 1.8% per year over the last three years and has increased its dividend every year for the last 2 years.

Utah Medical Products Price Performance

Shares of Utah Medical Products stock traded down $1.65 during trading on Monday, hitting $65.81. 35,286 shares of the company were exchanged, compared to its average volume of 23,424. The firm has a market capitalization of $232.31 million, a P/E ratio of 14.99 and a beta of 0.06. Utah Medical Products has a 1-year low of $65.62 and a 1-year high of $98.85. The firm’s fifty day moving average price is $68.26 and its 200 day moving average price is $70.16.

Utah Medical Products Company Profile

Utah Medical Products, Inc develops, manufactures, and distributes medical devices for the healthcare industry worldwide. It offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems.