UTICA — ConMed Corp. (NASDAQ: CNMD), a surgical-device maker, announced that its board of directors has declared a quarterly cash dividend of 20 cents a share. It’s payable on July 7 to all shareholders of record as of June 16.
The dividend amount is the same that ConMed paid in each of the last two quarters. Based on ConMed’s current share price, the dividend yield is about 1.8 percent,
Utica–based ConMed’s focus is surgical devices and equipment for minimally invasive procedures. The company’s products are used by surgeons and physicians in a variety of specialties including orthopedics, general surgery, gynecology, neurosurgery and gastroenterology.
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ConMed employs 3,600 people worldwide.
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