Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Tuesday, October 31st, Zacks reports. Investors of record on Friday, December 15th will be paid a dividend of 0.27 per share by the medical instruments supplier on Wednesday, January 3rd. This represents a $1.08 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Utah Medical Products’s previous quarterly dividend of $0.27.
Utah Medical Products (NASDAQ UTMD) opened at $81.00 on Friday. The firm has a market capitalization of $305.65, a price-to-earnings ratio of 22.32 and a beta of 0.78. Utah Medical Products has a 52-week low of $58.50 and a 52-week high of $83.15.
Separately, BidaskClub raised Utah Medical Products from a “hold” rating to a “buy” rating in a research report on Wednesday.
About Utah Medical Products
Utah Medical Products, Inc (UTMD) is engaged in the business of producing medical devices that are disposable and for hospital use. The Company’s product categories include labor and delivery/obstetrics, including fetal monitoring accessories, Vacuum-Assisted Delivery Systems (VAD), and other labor and delivery tools; neonatal intensive care, including DISPOSA-HOOD, DELTRAN PLUS and GESCO; gynecology/urology/electrosurgery, including LETZ System, FINESSE+ Generator, EPITOME, PATHFINDER PLUS, HOLMIUM LASER FIBRES, LIBERTY System, ENDOCURETTE, TVUS/HSG-Cath and LUMIN, and blood pressure monitoring, including DELTRAN Disposable Pressure Transducer (DPT), and pressure monitoring accessories, components and other molded parts.
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