Utah Medical Products, Inc. (UTMD) Declares Quarterly Dividend of $0.27

Utah Medical Products, Inc. (NASDAQ:UTMD) announced a quarterly dividend on Tuesday, February 13th, Zacks reports. Stockholders of record on Friday, March 16th will be paid a dividend of 0.27 per share by the medical instruments supplier on Tuesday, April 3rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Thursday, March 15th.

Shares of Utah Medical Products (NASDAQ UTMD) traded down $1.10 during trading on Wednesday, hitting $86.25. The stock had a trading volume of 6,500 shares, compared to its average volume of 12,091. The firm has a market capitalization of $324.99, a price-to-earnings ratio of 22.34 and a beta of 0.77. Utah Medical Products has a 12 month low of $58.50 and a 12 month high of $94.00.

Utah Medical Products (NASDAQ:UTMD) last announced its earnings results on Tuesday, January 30th. The medical instruments supplier reported $0.95 earnings per share (EPS) for the quarter. The company had revenue of $10.20 million for the quarter. Utah Medical Products had a return on equity of 18.92% and a net margin of 20.54%.

In other news, Director Ernst G. Hoyer sold 1,529 shares of Utah Medical Products stock in a transaction on Friday, February 9th. The stock was sold at an average price of $88.08, for a total transaction of $134,674.32. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 9.10% of the company’s stock.

Separately, BidaskClub raised Utah Medical Products from a “hold” rating to a “buy” rating in a research report on Wednesday, December 6th.

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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.

Dividend History for Utah Medical Products (NASDAQ:UTMD)

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