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CONMED Corporation Announces Quarterly Cash Dividend

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CONMED Corporation (NYSE: CNMD) has declared a quarterly cash dividend of $0.20 per share, scheduled for payment on January 5, 2021, to shareholders of record as of December 15, 2020. This dividend reflects the company's commitment to returning value to its shareholders. As a medical technology company, CONMED offers surgical devices for various medical specialties including orthopedics, general surgery, and more. The announcement signals confidence in the company's ongoing financial health and operational stability.

Positive
  • Quarterly cash dividend of $0.20 per share reflects shareholder value.
  • Payment date of January 5, 2021, indicates timely returns for investors.
Negative
  • None.

UTICA, N.Y.--()--CONMED Corporation (NYSE: CNMD) today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, payable on January 5, 2021 to all shareholders of record as of December 15, 2020.

About CONMED Corporation

CONMED is a medical technology company that provides surgical devices and equipment for minimally invasive procedures. The Company’s products are used by surgeons and physicians in a variety of specialties, including orthopedics, general surgery, gynecology, neurosurgery, thoracic surgery and gastroenterology. For more information, visit www.conmed.com.

Forward-Looking Statements

This press release may contain forward-looking statements based on certain assumptions and contingencies that involve risks and uncertainties, which could cause actual results, performance, or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures. For example, in addition to general industry and economic conditions, factors that could cause actual results to differ materially from those in the forward-looking statements may include, but are not limited to, the risk factors discussed in the Company's Annual Report on Form 10-K for the full year ended December 31, 2019 and listed under the heading Forward-Looking Statements in the Company’s most recently filed Form 10-Q. Any and all forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The Company believes that all forward-looking statements made by it have a reasonable basis, but there can be no assurance that management’s expectations, beliefs or projections as expressed in the forward-looking statements will actually occur or prove to be correct.

Contacts

CONMED Corporation
Todd Garner
Chief Financial Officer
315-624-3317
ToddGarner@conmed.com

FAQ

What is the dividend declared by CONMED Corporation (CNMD)?

CONMED Corporation has declared a quarterly cash dividend of $0.20 per share.

When will the dividend for CNMD be paid?

The dividend will be paid on January 5, 2021.

What is the record date for the CNMD dividend?

The record date for the dividend is December 15, 2020.

How often does CONMED Corporation pay dividends?

CONMED Corporation typically pays dividends on a quarterly basis.

Is the dividend from CNMD sustainable?

The sustainability of the dividend will depend on CONMED's future financial performance and cash flow.

CONMED Corporation

NYSE:CNMD

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2.17B
30.70M
0.58%
114.64%
7.66%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
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United States of America
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