ConMed pays quarterly dividend of 20 cents

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.

ConMed specializes in surgical devices and equipment for minimally invasive procedures. The company’s products are used by surgeons and physicians in a variety of specialties, including orthopedics, general surgery, gynecology, neurosurgery, and gastroenterology.

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The company is acquiring SurgiQuest, Inc., a Connecticut–based surgical-device maker, for $265 million.

 

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