Categories: Manufacturing & EngineeringRegional NewsSubscriber OnlyTechnology

ConMed to pay Q3 dividend of 20 cents on Oct. 5

ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica area, has announced that its board of directors declared a quarterly cash dividend of 20 cents a share for the third quarter of this year. The dividend is payable on Oct. 5 to all shareholders of record as of Sept. 15. At the […]

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The dividend is payable on Oct. 5 to all shareholders of record as of Sept. 15. At the company’s current stock price, the dividend yields about 0.7 percent on an annual basis.

ConMed is a medical technology company that provides devices and equipment for surgical procedures. The company’s products are used by surgeons and other health-care professionals in a variety of specialties including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology.

ConMed, which was based in the Utica–Rome region for more than 50 years, at the beginning of 2021 designated Largo, Florida (in 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.

Journal Staff