Utah Medical Products, Inc. (NASDAQ:UTMD) Declares $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 paid 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 of this dividend is Friday, March 14th.

Utah Medical Products Price Performance

Shares of UTMD traded down $0.03 during midday trading on Wednesday, reaching $59.95. The stock had a trading volume of 29,294 shares, compared to its average volume of 23,821. Utah Medical Products has a 1-year low of $59.74 and a 1-year high of $77.33. The company’s fifty day simple moving average is $62.35 and its two-hundred day simple moving average is $65.23. The company has a market cap of $203.23 million, a price-to-earnings ratio of 15.18 and a beta of 0.08.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of 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.