Utah Medical Products, Inc. (UTMD) To Go Ex-Dividend on September 17th

Utah Medical Products, Inc. (NASDAQ:UTMD) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Thursday, September 17th will be given a dividend of 0.31 per share by the medical instruments supplier on Monday, October 5th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Thursday, September 17th.

Utah Medical Products has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 3 consecutive years.

Utah Medical Products Stock Up 1.4%

Shares of UTMD stock opened at $70.67 on Tuesday. Utah Medical Products has a 12 month low of $53.66 and a 12 month high of $75.75. The company’s fifty day simple moving average is $70.42 and its 200-day simple moving average is $67.66. The firm has a market cap of $224.73 million, a PE ratio of 21.55 and a beta of 0.35.

Utah Medical Products (NASDAQ:UTMD) last issued its quarterly earnings results on Thursday, July 23rd. The medical instruments supplier reported $0.84 EPS for the quarter. The firm had revenue of $8.53 million for the quarter. Utah Medical Products had a net margin of 29.04% and a return on equity of 8.74%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Utah Medical Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 9th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Utah Medical Products presently has an average rating of “Hold”.

Utah Medical Products Company Profile

Utah Medical Products, Inc (NASDAQ:UTMD) develops, manufactures and distributes medical devices used primarily in women’s health, obstetrics, gynecology and neonatal care. The company focuses on single-use and specialty products designed for hospitals, clinics and other health-care settings.

Its product portfolio includes devices for fetal and maternal monitoring, labor and delivery, gynecologic procedures, neonatal care and electrosurgery. Utah Medical Products also offers related medical and surgical products used by physicians and clinical staff in diagnostic and therapeutic procedures.

Founded in 1978 and headquartered in Midvale, Utah, the company serves customers in the United States and international markets through direct sales and distribution channels.