Utah Medical Products, Inc. (NASDAQ:UTMD - Get Free Report) announced a quarterly dividend on Tuesday, November 5th,Zacks Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.305 per share by the medical instruments supplier on Friday, January 3rd. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Monday, December 16th. This is an increase from Utah Medical Products's previous quarterly dividend of $0.30.
Utah Medical Products has raised its dividend payment by an average of 1.8% annually over the last three years.
Utah Medical Products Stock Performance
Shares of Utah Medical Products stock traded up $0.06 on Thursday, reaching $67.23. 15,983 shares of the company were exchanged, compared to its average volume of 22,237. Utah Medical Products has a 1-year low of $63.38 and a 1-year high of $87.86. The firm has a market cap of $233.96 million, a price-to-earnings ratio of 15.73 and a beta of 0.08. The company's 50-day moving average is $66.00 and its two-hundred day moving average is $67.31.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Utah Medical Products from a "buy" rating to a "strong-buy" rating in a report on Wednesday, October 30th.
Check Out Our Latest Report on Utah Medical Products
About Utah Medical Products
(
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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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