Utah Medical Products's most recent quarterly dividend payment of $0.3 per share was made to shareholders on record before Mar 14, 2024. The payout stands at $1.19 per share annually, which works out to a dividend yield of 1.76%.
Utah Medical Products's dividend yield of 1.76% is above the industry and its peers average but below the Healthcare sector average. If we compare it with its Healthcare sector average of 1.89%, Utah Medical Products's dividend yield is 7% lower. Historically UTMD's dividend yield has averaged at 1.3% in the last 5 years, which is less than the current yield.
Utah Medical Products has been paying dividends for the last 20 years. According to our data UTMD has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1.7% for the last year. And since the stock price has gone down by 27% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 3, 2024 | Feb 6, 2024 | $0.3 | normal |
| Dec 14, 2023 | Jan 3, 2024 | Oct 31, 2023 | $0.3 | normal |
| Sep 14, 2023 | Oct 3, 2023 | Aug 1, 2023 | $0.295 | normal |
| Jun 15, 2023 | Jul 6, 2023 | May 9, 2023 | $0.295 | normal |
| Mar 16, 2023 | Apr 4, 2023 | Feb 7, 2023 | $0.295 | normal |
| Dec 15, 2022 | Jan 4, 2023 | Nov 1, 2022 | $0.295 | normal |
| Sep 15, 2022 | Oct 5, 2022 | Aug 2, 2022 | $0.29 | normal |
| Jun 16, 2022 | Jul 6, 2022 | May 10, 2022 | $0.29 | normal |
| Mar 17, 2022 | Apr 5, 2022 | Feb 8, 2022 | $0.29 | normal |
| Sep 15, 2021 | Oct 5, 2021 | Aug 3, 2021 | $0.285 | normal |
| Jun 14, 2021 | Jul 6, 2021 | May 11, 2021 | $0.285 | normal |
| Mar 16, 2021 | Apr 2, 2021 | Feb 9, 2021 | $0.285 | normal |
| Dec 14, 2020 | Jan 5, 2021 | Nov 3, 2020 | $0.285 | normal |
| Sep 14, 2020 | Oct 5, 2020 | Aug 11, 2020 | $0.28 | normal |
| Jun 16, 2020 | Jul 3, 2020 | May 7, 2020 | $0.28 | normal |
| Mar 12, 2020 | Apr 2, 2020 | Feb 13, 2020 | $0.28 | normal |
| Dec 12, 2019 | Jan 3, 2020 | Nov 5, 2019 | $0.28 | normal |
| Sep 12, 2019 | Oct 3, 2019 | Aug 8, 2019 | $0.275 | normal |
| Jun 13, 2019 | Jul 3, 2019 | May 7, 2019 | $0.275 | normal |
| Mar 14, 2019 | Apr 2, 2019 | Feb 12, 2019 | $0.275 | normal |
| Dec 13, 2018 | Jan 3, 2019 | Oct 30, 2018 | $0.275 | normal |
| Sep 13, 2018 | Oct 2, 2018 | Jul 31, 2018 | $0.27 | normal |
| Jun 14, 2018 | Jul 6, 2018 | May 8, 2018 | $0.27 | normal |
| Mar 15, 2018 | Apr 3, 2018 | Feb 13, 2018 | $0.27 | normal |
| Dec 14, 2017 | Jan 3, 2018 | Oct 31, 2017 | $0.27 | normal |
| Sep 14, 2017 | Oct 3, 2017 | Aug 1, 2017 | $0.265 | normal |
| Jun 14, 2017 | Jul 6, 2017 | May 9, 2017 | $0.265 | normal |
| Mar 15, 2017 | Apr 4, 2017 | Feb 7, 2017 | $0.265 | normal |
| Dec 14, 2016 | Dec 30, 2016 | Nov 1, 2016 | $0.265 | normal |
| Sep 14, 2016 | Oct 4, 2016 | Aug 2, 2016 | $0.26 | normal |
Utah Medical Products's payout ratio of 26% is above its peers average but below the Healthcare sector and the industry average. Compared to its Healthcare sector average of 35.5%, Utah Medical Products's payout ratio is 27% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| JNJ Johnson & Johnson | 3.18% | $4.76 | 34.3% |
| UTMD Utah Medical Products Inc | 1.76% | $1.19 | 26% |
| CNMD CONMED Corp | 1.12% | $0.8 | 38.1% |
| TFX Teleflex Inc | 0.64% | $1.36 | 17.9% |
| COO Cooper Companies Inc | 0.02% | $0.02 | 1% |
Yes, Utah Medical Products has paid four dividends in the last 12 months. UTMD has been paying dividends since 2004.
UTMD hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Utah Medical Products's last regular dividend was on Mar 14, 2024 (ex-date) with the amount of $0.3 per share.
On an annual basis UTMD pays $1.19 per share.
Currently Utah Medical Products's dividend yield is 1.76%.
Utah Medical Products pays dividends quarterly.
Utah Medical Products's dividend payout ratio is 26%.
Utah Medical Products's dividend yield is less than the Healthcare sector average.