Categories: Manufacturing & EngineeringRegional NewsSubscriber Only

ConMed to pay 1st quarter dividend of 20 cents on April 5

ConMed Corp. (NYSE: CNMD), a surgical-device maker started in the Utica area, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the first quarter of the year. The dividend is payable on April 5 to all shareholders of record as of March 15. ConMed manufactures […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Learn More and Become a Subscriber

The dividend is payable on April 5 to all shareholders of record as of March 15.

ConMed manufactures surgical devices and equipment for minimally invasive procedures. The company’s products are used by surgeons and physicians in specialties that include orthopedics, general surgery, gynecology, neurosurgery, thoracic surgery, and gastroenterology.

The company in late January reported sales of $274 million in the fourth quarter of 2021, up more than 8 percent from the year-ago quarter. ConMed produced sales of $1.01 billion for the full-year 2021, up over 17 percent from 2020.

ConMed, which was headquartered in the Utica area for 50-plus years, at the beginning of 2021 designated Largo, Florida (the Tampa Bay area) as its corporate headquarters. Its Utica–area facility is located at 525 French Road in New Hartford, where the company continues to maintain its manufacturing, finance, human resources, legal, and other corporate functions. The Florida office houses its CEO and other key executives.

Jornal Staff