Utah Medical Products, Inc. (NASDAQ:UTMD - Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Zacks reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.30 per share by the medical instruments supplier on Friday, July 5th. This represents a $1.20 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Friday, June 14th.
Utah Medical Products has raised its dividend payment by an average of 1.8% per year over the last three years and has raised its dividend annually for the last 2 consecutive years.
Utah Medical Products Stock Up 0.7 %
Shares of NASDAQ UTMD traded up $0.46 during trading on Thursday, hitting $69.45. The company had a trading volume of 14,521 shares, compared to its average volume of 25,582. The stock has a fifty day simple moving average of $68.99 and a two-hundred day simple moving average of $76.36. Utah Medical Products has a fifty-two week low of $65.91 and a fifty-two week high of $100.59. The firm has a market capitalization of $249.26 million, a price-to-earnings ratio of 15.34 and a beta of 0.15.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. TheStreet cut Utah Medical Products from a "b-" rating to a "c+" rating in a report on Monday, February 12th. StockNews.com cut shares of Utah Medical Products from a "strong-buy" rating to a "buy" rating in a research report on Thursday, March 7th.
Check Out Our Latest Report on UTMD
Utah Medical Products Company Profile
(
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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.
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