0001096906-11-002507.txt : 20111101 0001096906-11-002507.hdr.sgml : 20111101 20111101135826 ACCESSION NUMBER: 0001096906-11-002507 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111101 ITEM INFORMATION: Other Events FILED AS OF DATE: 20111101 DATE AS OF CHANGE: 20111101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UTAH MEDICAL PRODUCTS INC CENTRAL INDEX KEY: 0000706698 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 870342734 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12575 FILM NUMBER: 111170667 BUSINESS ADDRESS: STREET 1: 7043 S 300 WEST CITY: MIDVALE STATE: UT ZIP: 84047 BUSINESS PHONE: 8015661200 8-K 1 utahmedicalproducts8k.htm UTAH MEDICAL PRODUCTS, INC. 8K 11-01-2011 utahmedicalproducts8k.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
FORM 8-K

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934



Date of Report (date of earliest event reported): November 1, 2011


Commission File No. 0-11178


UTAH MEDICAL PRODUCTS, INC.
(Exact name of Registrant as specified in its charter)


UTAH
87-0342734
(State or other jurisdiction of
(I.R.S. Employer
   incorporation or organization)
Identification No.)


7043 South 300 West
Midvale, Utah  84047
Address of principal executive offices


Registrant's telephone number:        (801) 566-1200
 
 
 
 
 
 
 
ITEM 8.01 OTHER EVENTS


On November 1, 2011, Utah Medical Products, Inc. announced that it is increasing its regular quarterly cash dividend.  A dividend of $.24 per share is payable on December 29, 2011 to shareholders of record at the close of business on December 14, 2011.  A copy of the press release is attached hereto as Exhibit 99.1



SIGNATURES


Pursuant to the requirements of the Securities Exchanges Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
UTAH MEDICAL PRODUCTS, INC.
 
REGISTRANT
   
   
Date:  11/1/2011
By:  /s/ Kevin L. Cornwell
 
Kevin L. Cornwell
 
CEO



 
 
 


EXHIBIT INDEX

Index
  
Number
Description
   
99.1
Press release issued November 1, 2011: Utah Medical Products, Inc. Increases Regular Quarterly Dividend
 
 
 
 
 
 
 EX-99.1 2 utahmedicalproducts8kexh991.htm PRESS RELEASE utahmedicalproducts8kexh991.htm
 
EXHIBIT 99.1

Salt Lake City, Utah - Utah Medical Products, Inc. (Nasdaq: UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-four cents ($.24) per share of common stock payable on December 29, 2011 to shareholders of record at the close of business on December 14, 2011.  This is a two percent (2%) increase over the dividend declared in the most recent prior quarter.

Excluding the special dividend paid at the same time last year, the new quarterly dividend also represents a 6.5% annually compounded increase in UTMD’s cash dividends to shareholders since a regular quarterly cash dividend was instituted seven and a half years ago.  Over that span of time, UTMD will have returned $7.18 per share in cash to its shareholders, a total amount of $27 million paid in cash dividends.

Over the same span in time, UTMD has also returned another $29 million to shareholders by repurchasing 26% of its outstanding shares.

Utah Medical Products, Inc., with particular interest in health care for women and their babies, develops, manufactures, assembles and markets a broad range of disposable and reusable specialty medical devices.