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ConMed maintains dividend at 20 cents a share

By Adam Rombel


UTICA — ConMed Corp.’s (NASDAQ: CNMD) board of directors has declared a quarterly cash dividend of 20 cents a share, payable on April 7 to all shareholders of record as of March 17.

The dividend is the same amount ConMed paid last quarter, when it boosted its payout from 15 cents. At its current stock price, the dividend equals an annual dividend yield of about 1.7 percent.

ConMed, a Utica–based surgical-device maker, first began paying dividends in early 2012.


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