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Utah Medical Products Raises Quarterly Dividend 1.6% to $0.315

Utah Medical Products Raises Quarterly Dividend 1.6% to $0.315

Photo: TokenPost

Utah Medical Products, Inc. raised its quarterly dividend 1.6% to $0.315 per share, setting a higher payout for shareholders ahead of the company's next scheduled distribution in January. Utah Medical Products declared the increase Nov. 3. The new quarterly amount is $0.005 above the previous $0.310 rate. The company makes specialty medical devices in disposable and reusable forms, focusing on women's and babies' health. The company's third-quarter results showed sales of $8.621 million, down 12.1%. Diluted GAAP earnings per share rose 6.8% to $0.876 from $0.820 a year earlier, while net income climbed 5.9% to $2.787 million.

Source: TokenPost

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