UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share.
It is payable on Jan. 5 to all shareholders of record as of Dec. 15, according to a company news release.
The dividend yield is about 2 percent, based on ConMed’s current stock price.
ConMed employs 3,600 people who distribute its products from several manufacturing locations worldwide, the company said.
The firm has a direct selling presence in 16 countries outside the U.S., and international sales make up about 50 percent of ConMed’s total sales.
Contact The Business Journal News Network at news@cnybj.com
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