Utah Medical Products, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Utah Medical Products (NASDAQ:UTMD) has declared a quarterly cash dividend of $0.28 per share, to be paid on October 5, 2020, to shareholders on record as of September 15, 2020. This marks a 2% increase over the previous year's dividend for the same quarter. The company specializes in healthcare solutions for women and infants and is recognized for its specialty medical devices used globally. This dividend decision reflects the company's ongoing financial commitment to its shareholders.

Positive

• Quarterly cash dividend of $0.28 per share, a 2% increase from the previous year, demonstrating financial stability.
• Focus on healthcare products for women and infants, indicating a dedicated market segment.

Negative

• None.

SALT LAKE CITY, UT / ACCESSWIRE / August 11, 2020 / Utah Medical Products, Inc. (NASDAQ:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-eight cents ($.28) per share of common stock payable on October 5, 2020 to shareholders of record at the close of business on September 15, 2020. This is about a 2% increase over the dividend declared in the same quarter of the prior year.

Utah Medical Products, Inc., with particular interest in health care for women and their babies, develops, manufactures and markets a broad range of disposable and reusable specialty medical devices recognized by clinicians in over a hundred countries around the world as the standard for obtaining optimal long term outcomes for their patients. For more information about Utah Medical Products, Inc., visit UTMD's website at www.utahmed.com.

Contact:

Crystal Rios
(801) 566-1200

SOURCE: Utah Medical Products, Inc.

View source version on accesswire.com:
https://www.accesswire.com/600769/Utah-Medical-Products-Inc-Announces-Quarterly-Dividend

FAQ

What is the dividend amount declared by Utah Medical Products?

The declared dividend amount is $0.28 per share.

When will the dividend be paid to shareholders of Utah Medical Products?

The dividend will be paid on October 5, 2020.

What is the record date for receiving the dividend from Utah Medical Products?

The record date to receive the dividend is September 15, 2020.

How does the current dividend compare to the previous year's dividend?

The current dividend represents a 2% increase over the same quarter of the previous year.

What sectors does Utah Medical Products focus on?

Utah Medical Products specializes in healthcare for women and their babies, manufacturing specialty medical devices.