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Utah Medical Products, Inc. (UTMD) will increase its quarterly dividend by 1.9 percent to $0.265 per share. The increased dividend is payable on December 30, 2016 to shareholders of record at the close of business on December 16, 2016.

Based on a $62.15 stock price the new dividend yield is 1.7% for the medical devices maker.

Utah Medical Products, Inc. is a manufacturer of medical devices. With particular interest in health care for women and their babies, the company develops, manufactures and markets a broad range of disposable and reusable specialty medical devices for hospital use. Its products include fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools. Utah Medical Products, Inc. started paying a quarterly dividend in July 2004.