UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced Tuesday that its board of directors has declared a cash dividend of 20 cents a share for the latest quarter.
It is payable on April 5 to all shareholders of record as of March 15, according to a company news release.
At its current stock price, the dividend yields about 1.9 percent on an annual basis.
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ConMed specializes in 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.
The firm has a direct selling presence in 17 countries and international sales account for about half of its total sales. Headquartered in Utica, ConMed employs about 3,300 people worldwide.
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