UTICA — ConMed Corp.’s board of directors declared a quarterly cash dividend of 15 cents per share, payable on Jan. 7 to shareholders of record as of Dec. 17.
ConMed (NASDAQ: CNMD) announced in February of this year that it would begin paying dividends and indicated the company would likely pay out 60 cents in total dividends for the year. The company paid out 15 cents each for the first three quarters.
The company reported net income of $9.3 million, or 33 cents per share, on sales of $181.9 million for the third quarter, up from net income of $8.2 million, or 29 cents per share, on sales of $172.8 million in 2011.
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Headquartered at 525 French Road in Utica, ConMed (www.conmed.com) manufactures surgical devices and equipment for minimally invasive procedures and patient monitoring. The company employs about 3,400 people worldwide.
Contact DeLore at tdelore@tmvbj.com
