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

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 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 yield of 1.79%. The ex-dividend date of this dividend is Friday, September 20th.

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

Utah Medical Products Price Performance

Shares of UTMD stock opened at $67.10 on Wednesday. The firm’s 50-day moving average is $68.27 and its two-hundred day moving average is $68.27. Utah Medical Products has a 12 month low of $65.60 and a 12 month high of $89.15. The company has a market capitalization of $236.73 million, a PE ratio of 14.91 and a beta of 0.08.

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