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Utah Medical Products (Utah Medical Products) 3-Year Dividend Growth Rate : 1.70% (As of Dec. 2023)


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What is Utah Medical Products 3-Year Dividend Growth Rate?

Utah Medical Products's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

The historical rank and industry rank for Utah Medical Products's 3-Year Dividend Growth Rate or its related term are showing as below:

UTMD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.6   Med: 1.9   Max: 25.3
Current: 1.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Utah Medical Products was 25.30% per year. The lowest was -7.60% per year. And the median was 1.90% per year.

UTMD's 3-Year Dividend Growth Rate is ranked worse than
81.46% of 178 companies
in the Medical Devices & Instruments industry
Industry Median: 11.9 vs UTMD: 1.70

During the past 12 months, Utah Medical Products's average Dividends Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Utah Medical Products's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25. As of today, Utah Medical Products's Dividend Yield % is 1.78%.

Good Sign:

Utah Medical Products Inc stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Utah Medical Products's 3-Year Dividend Growth Rate

For the Medical Instruments & Supplies subindustry, Utah Medical Products's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Utah Medical Products's 3-Year Dividend Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Utah Medical Products's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Utah Medical Products's 3-Year Dividend Growth Rate falls into.



Utah Medical Products 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Utah Medical Products  (NAS:UTMD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Utah Medical Products's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 1.18
=0.25

During the past 13 years, the highest Dividend Payout Ratio of Utah Medical Products was 0.47. The lowest was 0.21. And the median was 0.32.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Utah Medical Products Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-03-142024-03-152024-04-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-12-142023-12-152024-01-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.2952023-09-142023-09-152023-10-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.2952023-06-152023-06-162023-07-06Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Utah Medical Products's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.19/66.24
=1.80 %

Current Share Price is $66.24.
Utah Medical Products's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.19.

During the past 13 years, the highest Dividend Yield of Utah Medical Products was 2.11%. The lowest was 0.86%. And the median was 1.36%.

Good Sign:

Utah Medical Products Inc stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Utah Medical Products 3-Year Dividend Growth Rate Related Terms>


Utah Medical Products (Utah Medical Products) Business Description

Traded in Other Exchanges
Address
7043 South 300 West, Midvale, UT, USA, 84047
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.
Executives
Paul O Richins director, officer: VP, Treasurer, Asst. Secretary 7043 SOUTH 300 WEST, MIDVALE UT 84047
Barbara A Payne director
Ernst G Hoyer director
Kevin L Cornwell director, officer: Chairman, CEO, Secretary
Brian Koopman officer: Principal Financial Officer 108 E 1700 S, BOUNTIFUL UT 84010
James H Beeson director 7043 SOUTH 300 WEST, MIDVALE UT 84047
Greg A Leclaire officer: Chief Financial Officer 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Stephen W Bennett director