UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based medical-device maker, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the second quarter.
The dividend will be payable on July 5 to all shareholders of record as of June 15.
At the company’s current stock price, the dividend yields about 1.2 percent. ConMed’s stock has jumped nearly 35 percent year to date, through May 25.
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ConMed says it’s a medical technology company that provides surgical devices and equipment for minimally invasive procedures. The firm’s products are used by surgeons and physicians in specialties including orthopedics, general surgery, gynecology, neurosurgery, and gastroenterology. ConMed has a direct selling presence in 19 countries, and international sales make up about half of its total sales. The company employs about 3,100 people globally.
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Photo credit: ConMed website
