Utah Medical Products, Inc. (NASDAQ:UTMD) to Issue Quarterly Dividend of $0.32

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Tuesday, November 3rd. Stockholders of record on Thursday, December 17th will be paid a dividend of $0.3150 per share by the medical instruments supplier on Tuesday, January 5th. This represents a $1.26 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Thursday, December 17th. This is a 1.6% increase from Utah Medical Products’s previous quarterly dividend of $0.31.

Utah Medical Products Price Performance

Shares of Utah Medical Products stock opened at $70.02 on Wednesday. The stock’s 50 day simple moving average is $72.85 and its 200-day simple moving average is $68.12. The stock has a market cap of $222.66 million, a P/E ratio of 21.12 and a beta of 0.38. Utah Medical Products has a 1-year low of $53.66 and a 1-year high of $76.89.

Utah Medical Products (NASDAQ:UTMD) last posted its quarterly earnings results on Thursday, October 22nd. The medical instruments supplier reported $0.88 EPS for the quarter. Utah Medical Products had a return on equity of 8.83% and a net margin of 30.48%. The firm had revenue of $8.62 million during the quarter.

About Utah Medical Products

Utah Medical Products, Inc (NASDAQ:UTMD) develops, manufactures and distributes medical devices used primarily in hospital and clinical settings. The company focuses on specialized products for women’s health, childbirth, neonatal care, electrosurgery, gastroenterology and related medical applications.

Its product portfolio includes fetal monitoring electrodes and catheters, intrauterine pressure monitoring devices, vacuum-assisted delivery systems, neonatal respiratory and care products, electrosurgical accessories, and other disposable and specialty medical instruments.