Utah Medical Products, Inc. Declares Quarterly Dividend of $0.31 (NASDAQ:UTMD)

Key Points

• Utah Medical Products declared a quarterly dividend of $0.31 per share, payable July 3 to shareholders of record on June 17, with an annualized yield of 1.9% (ex-dividend date June 17).
• The company reported quarterly EPS of $0.82 on $8.72 million of revenue, has a net margin of 28.9%, and trades near $63.62 with a market cap of $202.3 million and a P/E of 19.24.
• Utah Medical Products designs and manufactures single-use respiratory and patient-monitoring devices, including tracheostomy tubes, endotracheal tube holders, disposable catheters and end-tidal CO₂ sensors.

Utah Medical Products, Inc. (NASDAQ:UTMD - Get Free Report) declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Wednesday, June 17th will be paid a dividend of 0.31 per share by the medical instruments supplier on Friday, July 3rd. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, June 17th.

Utah Medical Products has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 3 years.

Utah Medical Products Stock Down 1.9%

UTMD opened at $63.62 on Wednesday. The firm has a 50-day moving average price of $65.50 and a 200-day moving average price of $61.19. Utah Medical Products has a twelve month low of $52.00 and a twelve month high of $71.81. The company has a market capitalization of $202.30 million, a price-to-earnings ratio of 19.24 and a beta of 0.37.

Utah Medical Products (NASDAQ:UTMD - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The medical instruments supplier reported $0.82 EPS for the quarter. Utah Medical Products had a net margin of 28.90% and a return on equity of 9.17%. The company had revenue of $8.72 million during the quarter.

About Utah Medical Products

Utah Medical Products, Inc NASDAQ: UTMD, headquartered in Midvale, Utah, is a designer, manufacturer and marketer of single‐use medical devices focusing principally on respiratory therapy and patient monitoring applications. Since its founding in the late 1970s, the company has built a reputation for innovation in airway management and non‐invasive monitoring products used in acute and long‐term care settings.

The company's core product portfolio includes tracheostomy tubes and related accessories, endotracheal tube holders, disposable catheters and sensors for measuring end‐tidal carbon dioxide (CO₂).

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