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

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Friday, August 2nd, Wall Street Journal reports. Investors 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 is Friday, September 20th.

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

Utah Medical Products Trading Down 0.4 %

UTMD opened at $67.10 on Wednesday. The firm has a market capitalization of $236.73 million, a PE ratio of 14.91 and a beta of 0.08. Utah Medical Products has a twelve month low of $65.60 and a twelve month high of $89.15. The firm’s 50-day moving average price is $68.27 and its 200 day moving average price is $68.27.

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

About Utah Medical Products

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.