Utah Medical Products, Inc. (NASDAQ:UTMD) to Issue $0.31 Quarterly Dividend

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.305 per share by the medical instruments supplier on Thursday, April 3rd. This represents a $1.22 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Friday, March 14th.

Utah Medical Products Stock Up 0.0 %

Shares of NASDAQ UTMD opened at $60.00 on Thursday. The company has a market capitalization of $203.40 million, a PE ratio of 15.19 and a beta of 0.08. Utah Medical Products has a twelve month low of $59.74 and a twelve month high of $77.33. The firm has a fifty day simple moving average of $62.35 and a 200 day simple moving average of $65.23.

Utah Medical Products (NASDAQ:UTMD) last posted its quarterly earnings data on Tuesday, January 28th. The medical instruments supplier reported $0.86 earnings per share for the quarter. Utah Medical Products had a return on equity of 11.07% and a net margin of 33.92%.

Analyst Ratings Changes

Separately, StockNews.com lowered Utah Medical Products from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 7th.

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.