UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share. It is payable on Oct. 6 to all shareholders of record as of Sept. 15, according to a company news release.
The dividend yield is about 2.1 percent, based on ConMed’s current stock price.
ConMed employs 3,600 people who distribute its products from several manufacturing locations worldwide, the company said.
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The firm has a direct selling presence in 16 countries outside the U.S., and international sales make up about 50 percent of ConMed’s total sales.
Contact Reinhardt at ereinhardt@cnybj.com
