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.
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
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