CONMED Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

CONMED (NYSE: CNMD) has announced a quarterly cash dividend of $0.20 per share. The dividend was declared by the Board of Directors on August 8, 2024, and will be payable on October 4, 2024. Shareholders of record as of September 16, 2024, will be eligible to receive the dividend. This announcement demonstrates CONMED's commitment to returning value to its shareholders through regular dividend payments.

Positive

• Consistent dividend payment indicates financial stability
• Provides regular income for shareholders

Negative

• None.

LARGO, Fla.--(BUSINESS WIRE)-- CONMED Corporation (NYSE: CNMD) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on August 8, 2024, payable on October 4, 2024, to all shareholders of record as of September 16, 2024.

About CONMED Corporation

CONMED is a medical technology company that provides devices and equipment for surgical procedures. The Company’s products are used by surgeons and other healthcare professionals in a variety of specialties, including orthopedics, general surgery, gynecology, 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, 2023, and other risks and uncertainties, which may be detailed from time to time in reports filed by CONMED with the SEC. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240809258250/en/

CONMED Corporation

Todd Garner

Chief Financial Officer

727-214-2975

ToddGarner@conmed.com

Source: CONMED Corporation

FAQ

What is the amount of CONMED 's (CNMD) quarterly dividend for 2024?

CONMED (CNMD) has declared a quarterly cash dividend of $0.20 per share for 2024.

When will CONMED (CNMD) pay its next dividend?

CONMED (CNMD) will pay its next dividend on October 4, 2024.

What is the record date for CONMED 's (CNMD) upcoming dividend?

The record date for CONMED 's (CNMD) upcoming dividend is September 16, 2024.

How often does CONMED (CNMD) pay dividends?

Based on the announcement of a quarterly dividend, CONMED (CNMD) appears to pay dividends on a quarterly basis.