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

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Friday, August 2nd, Wall Street Journal reports. Shareholders of record on Friday, September 20th will be given 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 yield of 1.79%. The ex-dividend date of this dividend is Friday, September 20th.

Utah Medical Products has raised its dividend by an average of 1.8% per year over the last three years.

Utah Medical Products Price Performance

UTMD opened at $67.10 on Wednesday. The business has a 50 day simple moving average of $68.27 and a two-hundred day simple moving average of $68.27. The firm has a market capitalization of $236.73 million, a price-to-earnings ratio of 14.91 and a beta of 0.08. Utah Medical Products has a one year low of $65.60 and a one year high of $89.15.

Utah Medical Products (NASDAQ:UTMD) last released its quarterly earnings results on Thursday, July 25th. The medical instruments supplier reported $0.98 EPS for the quarter. Utah Medical Products had a return on equity of 12.41% and a net margin of 33.56%. The business had revenue of $10.40 million during the quarter.

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.