Utah Medical Products, Inc. (NASDAQ:UTMD) Announces $0.31 Quarterly Dividend

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.305 per share by the medical instruments supplier on Thursday, April 3rd. This represents a $1.22 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Friday, March 14th.

Utah Medical Products Price Performance

NASDAQ UTMD opened at $59.90 on Friday. The business has a fifty day moving average price of $62.25 and a two-hundred day moving average price of $65.19. Utah Medical Products has a fifty-two week low of $59.56 and a fifty-two week high of $77.33. The stock has a market capitalization of $203.06 million, a PE ratio of 15.16 and a beta of 0.08.

Utah Medical Products (NASDAQ:UTMD) last released 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 return on equity of 11.07% and a net margin of 33.92%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Utah Medical Products from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 7th.

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.