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Utah Medical Products (UTMD) will raise its quarterly dividend to $0.27 per share. This marks the thirteenth consecutive year of dividend increases for the medical devices maker.

The new dividend will be paid on January 3, 2018 to shareholders of record on December 15, 2017. The new dividend yield for UTMD is 1.4%.

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.