Utah Medical Products, Inc. (UTMD) to Issue Quarterly Dividend of $0.31 on January 3rd

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.305 per share by the medical instruments supplier on Friday, January 3rd. This represents a $1.22 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Monday, December 16th. This is a positive change from Utah Medical Products’s previous quarterly dividend of $0.30.

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

Utah Medical Products Stock Up 1.4 %

Shares of Utah Medical Products stock traded up $0.94 during trading hours on Thursday, hitting $68.11. The company’s stock had a trading volume of 1,594 shares, compared to its average volume of 22,171. The business has a fifty day moving average of $66.00 and a 200 day moving average of $67.31. Utah Medical Products has a 1-year low of $63.38 and a 1-year high of $87.86. The company has a market capitalization of $237.02 million, a PE ratio of 15.73 and a beta of 0.08.

Analyst Ratings Changes

Separately, StockNews.com upgraded Utah Medical Products from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 30th.

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.