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Utah Medical Products, Inc. Increases Regular Quarterly Dividend Contact: Brian Koopman

Tuesday, October 31, 2023 BiopharmaWatch Research 1 min read
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Key Takeaway: Utah Medical Products, Inc. has announced a 1.7% increase in its regular quarterly cash dividend, now set at thirty cents ($0.30) per share. The dividend will be payable on January 3, 2024, to shareholders recorded by the close of business on December 15, 2023. This decision reflects the company's ongoing commitment to returning value to its shareholders while maintaining a focus on healthcare for women and babies.
Price reaction · baseline $78.99 (2023-10-30 close) · hit after-hours · clean, no other UTMD news in the window
day 0 close
+0.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Announcement of a dividend increase, reflecting financial health.
  • Payable to shareholders, enhancing investor confidence.
  • Focus on healthcare for women and infants, supporting a vital market.

Full Press Release Details

Utah Medical Products, Inc. Increases Regular Quarterly Dividend
Contact: Brian Koopman October 31, 2023
(801) 566-1200
Salt Lake City, Utah - Utah Medical Products, Inc. (Nasdaq: UTMD) announces that its Board of Directors approved a quarterly cash dividend of thirty cents ($.30) per share of common stock payable on January 3, 2024 to shareholders of record at the close of business on December 15, 2023. This is a 1.7% increase over the prior regular quarterly cash dividend.
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.

Frequently Asked Questions

What is the new quarterly dividend amount for UTMD?

The new quarterly dividend amount is thirty cents ($.30) per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 3, 2024.

What is the record date for the dividend?

The record date for the dividend is December 15, 2023.

How much has the dividend increased this quarter?

The dividend has increased by 1.7% over the previous quarter.

What kind of products does Utah Medical focus on?

Utah Medical focuses on specialty medical devices for women's and children's health.

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Last updated: Oct 31, 2023

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