
Utah Medical Products, Inc.
UTMD21 yrs growthHealthcare · Medical Instruments & Supplies · Stock · quarterly payer
Forward Yield
1.66%
Annual Dividend
$1.24
Payout Ratio
38%
5-Yr Growth
1.7%
Ex-Date
Sep 17, 2026
Frequency
Quarterly
Key facts about UTMD's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Utah Medical Products, Inc. (UTMD) has a forward dividend yield of 1.66%, based on an annual dividend of $1.24 per share and a share price of $74.51.
- As of Oct 18, 2026, UTMD's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Utah Medical Products, Inc. (UTMD) has raised its dividend for 21 consecutive years as of Oct 18, 2026.
- UTMD has never cut its regular dividend in the payment history SmarterDividends has on record.
- UTMD's most recent ex-dividend date was Sep 17, 2026, for a dividend of $0.31 per share.
- As of Oct 18, 2026, UTMD pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
- UTMD's dividend has grown at an average rate of 1.7% a year over the past five years.
- As of Oct 18, 2026, UTMD's 1.66% yield is 14% below its five-year average yield of 1.93%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for UTMD is $112.03 per share, 50% above the $74.51 share price, so UTMD screens as undervalued.
- Utah Medical Products, Inc. (UTMD) pays its dividend quarterly, 4 times a year.
- Utah Medical Products, Inc. (UTMD) has raised its regular dividend 25 times and cut it 0 times across the 90 payments on record since 2004. Its most recent change was a 1.6% increase to $0.310 per share, going ex-dividend on Dec 16, 2025.
Cite this page
SmarterDividends, "UTMD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/UTMD
Summary
As of Oct 18, 2026, Utah Medical Products, Inc. (UTMD) yields 1.66% ($1.24 a year per share), has a dividend safety grade of A (96/100) and has 21 consecutive years of dividend increases on record.
Is UTMD a good dividend stock?
YesUtah Medical Products, Inc. (UTMD) pays a quarterly dividend yielding 1.66% ($1.24/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 21 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (38%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.66%
- Payout Ratio
- 38%
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- 1.7%
- Ex-Dividend Date
- Sep 17, 2026
- Years of Growth
- 21
- Frequency
- quarterly
- Beta
- 0.39
- Market Cap
- $236.5M
- P/E Ratio
- 22.7
- 5-Yr Total Return
- -33%
- 52-Week Range
- $53.66 – $76.89
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
UTMD dividend raises and cuts
Utah Medical Products, Inc. (UTMD) has raised its regular dividend 25 times and cut it 0 times across the 90 payments on record since 2004. Its most recent change was a 1.6% increase to $0.310 per share, going ex-dividend on Dec 16, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 16, 2025 | Raise | $0.305 → $0.310 | +1.6% |
| Dec 16, 2024 | Raise | $0.300 → $0.305 | +1.7% |
| Dec 14, 2023 | Raise | $0.295 → $0.300 | +1.7% |
| Dec 15, 2022 | Raise | $0.290 → $0.295 | +1.7% |
| Mar 17, 2022 | Raise | $0.285 → $0.290 | +1.8% |
| Dec 14, 2020 | Raise | $0.280 → $0.285 | +1.8% |
| Dec 12, 2019 | Raise | $0.275 → $0.280 | +1.8% |
| Dec 13, 2018 | Raise | $0.270 → $0.275 | +1.9% |
| Dec 14, 2017 | Raise | $0.265 → $0.270 | +1.9% |
| Dec 14, 2016 | Raise | $0.260 → $0.265 | +1.9% |
| Dec 14, 2015 | Raise | $0.255 → $0.260 | +2.0% |
| Dec 12, 2014 | Raise | $0.250 → $0.255 | +2.0% |
Show all 25 changes since 2005
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 12, 2013 | Raise | $0.245 → $0.250 | +2.0% |
| Dec 11, 2012 | Raise | $0.240 → $0.245 | +2.1% |
| Dec 12, 2011 | Raise | $0.235 → $0.240 | +2.1% |
| Dec 14, 2009 | Raise | $0.230 → $0.235 | +2.2% |
| Dec 12, 2008 | Raise | $0.225 → $0.230 | +2.2% |
| Dec 12, 2007 | Raise | $0.220 → $0.225 | +2.3% |
| Mar 13, 2007 | Raise | $0.210 → $0.220 | +4.8% |
| Dec 12, 2006 | Raise | $0.200 → $0.210 | +5.0% |
| Sep 13, 2006 | Raise | $0.190 → $0.200 | +5.3% |
| Jun 14, 2006 | Raise | $0.180 → $0.190 | +5.6% |
| Mar 14, 2006 | Raise | $0.170 → $0.180 | +5.9% |
| Dec 14, 2005 | Raise | $0.155 → $0.170 | +9.7% |
| Jun 15, 2005 | Raise | $0.150 → $0.155 | +3.3% |
Frequently Asked Questions
Is UTMD a good dividend stock?
Yes. Utah Medical Products, Inc. (UTMD) pays a quarterly dividend yielding 1.66% ($1.24/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is UTMD undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UTMD's fair value is about $112.03 versus a $74.51 share price — so it looks undervalued (+50% vs. fair value).
Is UTMD's dividend safe?
UTMD has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 21-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is UTMD's fair value?
Our blended fair-value estimate for UTMD is about $112.03 per share, roughly 50% above the current $74.51 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is UTMD a buy, hold, or sell?
We don't issue formal ratings, but on the data UTMD screens as "yes" and undervalued. Utah Medical Products, Inc. (UTMD) pays a quarterly dividend yielding 1.66% ($1.24/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will UTMD cut its dividend?
UTMD earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does UTMD pay a dividend?
Yes. Utah Medical Products, Inc. pays a quarterly dividend of about $1.24 per share annually, a forward yield of roughly 1.66%.
What is UTMD's dividend yield?
As of Oct 18, 2026, UTMD's forward dividend yield is 1.66%, based on a $1.24 annual dividend and a $74.51 share price.
What is UTMD's dividend per share?
As of Oct 18, 2026, UTMD pays $1.24 per share per year, distributed on a quarterly basis.
What is UTMD's dividend payout ratio?
As of Oct 18, 2026, UTMD's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has UTMD grown its dividend?
As of Oct 18, 2026, UTMD has increased its dividend for 21 consecutive years.
When is the next UTMD ex-dividend date?
As of Oct 18, 2026, UTMD's next ex-dividend date hasn't been announced. The most recent was Sep 17, 2026, for $0.31 per share.
UTMD Price — Last 12 Months
Daily close
Price Return
1 Year
+32%
3 Years
-12%
5 Years
-33%
52-Week Range
$53.66 – $76.89
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is UTMD worth?
Undervaluedlow confidenceOur blended fair-value estimate for Utah Medical Products, Inc. is $112.03 per share, versus a market price of $74.51. That implies 50% of upside — a margin of safety of about 33%.
Fair Value
$112.03
Current Price
$74.51
Upside
+50%
Margin of Safety
33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 9.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 9.8% growth for five years fading to 2.5% over the next five, $3.28 EPS, $1.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
UTMD Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full UTMD dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 17, 2026 | Oct 5, 2026 | $0.3100 | regular |
| Jun 17, 2026 | Jul 3, 2026 | $0.3100 | regular |
| Mar 17, 2026 | Apr 3, 2026 | $0.3100 | regular |
| Dec 16, 2025 | Jan 5, 2026 | $0.3100 | regular |
| Sep 17, 2025 | Oct 2, 2025 | $0.3050 | regular |
| Jun 16, 2025 | Jul 3, 2025 | $0.3050 | regular |
| Mar 14, 2025 | Apr 3, 2025 | $0.3050 | regular |
| Dec 16, 2024 | Jan 3, 2025 | $0.3050 | regular |
| Sep 20, 2024 | Oct 4, 2024 | $0.3000 | regular |
| Jun 14, 2024 | Jul 5, 2024 | $0.3000 | regular |
| Mar 14, 2024 | Apr 3, 2024 | $0.3000 | regular |
| Dec 14, 2023 | Jan 3, 2024 | $0.3000 | regular |
| Sep 14, 2023 | Oct 3, 2023 | $0.2950 | regular |
| Jun 15, 2023 | Jul 6, 2023 | $0.2950 | regular |
Income Calculator
At $1.24 / yr per share
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