UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based medical-device maker, announced this week that its board of directors has declared a quarterly cash dividend of 20 cents per share for the third quarter.
The dividend will be payable on Oct. 8 to all shareholders of record as of Sept. 14.
At the company’s current stock price, the dividend yields just over 1 percent. ConMed’s stock has jumped more than 50 percent year to date, through Thursday.
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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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