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)
New York State Now Requires 30-Minute Paid Lactation Breaks
For the past year or so, New York employers have been adapting to the State law protections granting employees returning from childbirth leave the right to express breast milk at
Timekeeping Trap: Be Careful When “Rounding” an Employee’s Work Time
The Fair Labor Standards Act (FLSA) regulations do not require an employer to track and pay an employee for the exact number of minutes they actually work. As currently written,
Contact Rombel at arombel@cnybj.com
