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

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Tuesday, February 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.305 per share by the medical instruments supplier on Thursday, April 3rd. This represents a $1.22 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Friday, March 14th.

Utah Medical Products has raised its dividend by an average of 12.1% annually over the last three years.

Utah Medical Products Stock Down 0.7 %

Shares of NASDAQ:UTMD opened at $58.17 on Wednesday. The company has a market capitalization of $197.31 million, a price-to-earnings ratio of 14.73 and a beta of 0.06. Utah Medical Products has a 52 week low of $57.47 and a 52 week high of $77.33. The firm has a 50 day moving average of $60.82 and a 200 day moving average of $63.72.

Utah Medical Products (NASDAQ:UTMD) last issued its quarterly earnings data on Tuesday, January 28th. The medical instruments supplier reported $0.86 EPS for the quarter. Utah Medical Products had a net margin of 33.92% and a return on equity of 11.07%.

About Utah Medical Products

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.