ConMed to pay quarterly dividend of 20 cents in April

UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced Tuesday that its board of directors has declared a cash dividend of 20 cents a share for the latest quarter.

It is payable on April 5 to all shareholders of record as of March 15, according to a company news release.

At its current stock price, the dividend yields about 1.9 percent on an annual basis.

[elementor-template id="66015"]

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.

The firm has a direct selling presence in 17 countries and international sales account for about half of its total sales. Headquartered in Utica, ConMed employs about 3,300 people worldwide.

 

Contact The Business Journal News Network at news@cnybj.com 

Advertisement
Journal Staff

Recent Posts

SHA, HUD make local announcement about $50 million to help redevelop Syracuse public housing near I-81

SYRACUSE, N.Y. — A late Wednesday morning ceremony at Wilson Park in Syracuse included the…

12 hours ago

Severe storm spreads damage across Rome

ROME, N.Y. — The city of Rome continues to clean up from a devastating, confirmed…

13 hours ago

SUNY launches venture-capital fund for startups on a SUNY campus

SYRACUSE, N.Y. — SUNY officials on Monday announced the launch of Upstate Biotech Ventures, a…

13 hours ago

Oswego Health says first robotically assisted surgery performed at its surgery center

OSWEGO, N.Y. — Oswego Health says it had the system’s first robotically assisted surgery using…

2 days ago
Advertisement

Tioga State Bank to open Johnson City branch

JOHNSON CITY, N.Y. — Tioga State Bank (TSB) will open a new branch in Johnson…

2 days ago

Oneida County Childcare Taskforce outlines recommendations to improve childcare

UTICA, N.Y. — A report by the Oneida County Childcare Taskforce made a number of…

2 days ago