Utah Medical Products, Inc. Plans Quarterly Dividend of $0.31 (NASDAQ:UTMD)

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Thursday, September 17th will be paid a dividend of 0.31 per share by the medical instruments supplier on Monday, October 5th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, September 17th.

Utah Medical Products has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 3 consecutive years.

Utah Medical Products Trading Down 0.2%

Shares of NASDAQ UTMD opened at $72.58 on Wednesday. The firm has a market capitalization of $230.79 million, a price-to-earnings ratio of 22.13 and a beta of 0.35. Utah Medical Products has a one year low of $53.66 and a one year high of $75.75. The business has a fifty day simple moving average of $68.77 and a 200 day simple moving average of $66.02.

Utah Medical Products (NASDAQ:UTMD) last posted its quarterly earnings results on Thursday, July 23rd. The medical instruments supplier reported $0.84 earnings per share for the quarter. The firm had revenue of $8.53 million for the quarter. Utah Medical Products had a net margin of 29.04% and a return on equity of 8.79%.

About Utah Medical Products

Utah Medical Products, Inc (NASDAQ: UTMD), headquartered in Midvale, Utah, is a designer, manufacturer and marketer of single‐use medical devices focusing principally on respiratory therapy and patient monitoring applications. Since its founding in the late 1970s, the company has built a reputation for innovation in airway management and non‐invasive monitoring products used in acute and long‐term care settings.

The company’s core product portfolio includes tracheostomy tubes and related accessories, endotracheal tube holders, disposable catheters and sensors for measuring end‐tidal carbon dioxide (CO₂).