UTICA — ConMed Corp.’s (NASDAQ: CNMD) board of directors has declared a quarterly cash dividend of 15 cents per share, payable on April 5 to all shareholders of record as of March 15. At its current stock price, that equals an annual dividend yield of about 1.9 percent.
ConMed, a Utica–based surgical-device maker, began paying dividends last year, paying out 15 cents a share each quarter for a total of 60 cents a share for the full year. The company said its board also expects to pay out 60 cents a share in total dividends this year.
ConMed, which reported sales of $767.1 million in 2012, makes surgical devices and equipment for minimally invasive procedures and employs 3,600 people worldwide. The company is estimating it will produce sales of $785 million to $795 million this year.
(Sponsored)

Unique Ways to Save Money As You Upgrade Your Business Technology
It’s no secret that innovating is the key to business growth and prosperity. To stay competitive, businesses must continually seek new technologies to enhance productivity. However, the issue of cost

Protecting your family business is more than financial and estate planning
By Lindsay Usherwood General Counsel I want to roll back the title of Ask the Expert because I don’t believe anyone can be an expert in family business. It is
Contact Rombel at arombel@cnybj.com