UTMD (Utah Medical Products) Dividend Payout Ratio: 0.37 (As of Jun. 2026) — 16% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UTMD Utah Medical Products Inc UTMD
73 GF Score
Price $70.84
GF Value $57.89
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Utah Medical Products Dividend Payout Ratio?

Utah Medical Products UTMD +0.41% 73 Dividend Payout Ratio is 0.37 as of Jun. 2026, which is 16% above its 10-year median of 0.32. GuruFocus rates UTMD with a GF Score™ of 73/100 and a GF Value™ of $57.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 284 Medical Devices & Instruments companies, Utah Medical Products ranks better than 60.21% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Utah Medical Products's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.37.

The historical rank and industry rank for Utah Medical Products's Dividend Payout Ratio or its related term are showing as below:

UTMD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.32   Max: 0.47
Current: 0.36


During the past 13 years, the highest Dividend Payout Ratio of Utah Medical Products was 0.47. The lowest was 0.21. And the median was 0.32.

UTMD's Dividend Payout Ratio is ranked better than
60.21% of 284 companies
in the Medical Devices & Instruments industry
Industry Median: 0.41 vs UTMD: 0.36

As of today (2026-08-27), the Dividend Yield % of Utah Medical Products is 1.74%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Utah Medical Products was 2.31%. The lowest was 0.86%. And the median was 1.32%.

Utah Medical Products's Dividends per Share for the months ended in Jun. 2026 was $0.31.

During the past 12 months, Utah Medical Products's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Utah Medical Products was 25.30% per year. The lowest was -7.60% per year. And the median was 1.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Utah Medical Products (NAS:UTMD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Utah Medical Products Dividend Payout Ratio Related Terms


Utah Medical Products Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Utah Medical Products's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Utah Medical Products Dividend Payout Ratio Chart

Utah Medical Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.27 0.31 0.38 0.44

Utah Medical Products Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.37 0.39 0.33 0.37

UTMD vs EMBC, SMTI, PDEX: Dividend Payout Ratio Comparison

For the Medical Instruments & Supplies subindustry, Utah Medical Products's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Utah Medical Products Dividend Payout Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Utah Medical Products's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Utah Medical Products's Dividend Payout Ratio falls into.


UTMD
73GF Score
Utah Medical Products Inc UTMD
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Utah Medical Products Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Utah Medical Products's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.225/ 2.787
=0.44

Utah Medical Products's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.31/ 0.84
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.37 mean?
Utah Medical Products (UTMD) has a Dividend Payout Ratio of 0.37 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Utah Medical Products and its competitors. This is 16% above median its historical median of 0.32. Over the past decade, Utah Medical Products' Dividend Payout Ratio has ranged from 0.21 to 0.47. According to the industry distribution chart, Utah Medical Products ranks #113 out of 284 companies in the Medical Devices & Instruments industry, placing it in the top 39.8%.
Is Utah Medical Products' Dividend Payout Ratio too high?
Utah Medical Products' current Dividend Payout Ratio of 0.37 is 16% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.47. The Medical Devices & Instruments industry median Dividend Payout Ratio is 0.41. Utah Medical Products' value of 0.37 is 9.8% below this industry median. Based on the distribution chart, Utah Medical Products ranks #113 out of 284 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Utah Medical Products has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Utah Medical Products' Dividend Payout Ratio compare to EMBC and SMTI?
According to the Medical Devices & Instruments industry distribution chart, Utah Medical Products ranks #113 out of 284 companies for Dividend Payout Ratio. This puts Utah Medical Products in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Utah Medical Products' value of 0.37 is 9.8% below this benchmark. Historically, Utah Medical Products' own Dividend Payout Ratio has ranged from 0.21 to 0.47 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.41, Utah Medical Products has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Medical Devices & Instruments company?
The median Dividend Payout Ratio among Medical Devices & Instruments companies is 0.41, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Utah Medical Products's current Dividend Payout Ratio of 0.37 is 9.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Utah Medical Products and its competitors. For the Medical Devices & Instruments industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utah Medical Products's current Dividend Payout Ratio is 0.37, which is 16% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utah Medical Products stock overvalued right now?
Based on GuruFocus' analysis, Utah Medical Products (UTMD) is currently considered Modestly Overvalued. The stock's GF Value™ is $57.89, compared to a current price of $70.84 — trading 22.4% above its estimated fair value. The current Dividend Payout Ratio is 0.37, which is 16% above median its 10-year median of 0.32 and 9.8% below the Medical Devices & Instruments industry median of 0.41. Utah Medical Products' overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Utah Medical Products (UTMD), the current Dividend Payout Ratio is 0.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Utah Medical Products (UTMD) Overvalued in 2026?

Based on GuruFocus' analysis, Utah Medical Products stock appears to be overvalued. The current stock price of $70.84 is trading 22.4% above its estimated GF Value™ of $57.89. GuruFocus considers Utah Medical Products to be Modestly Overvalued.

Key valuation signals for UTMD:

  • Dividend Payout Ratio: 0.37 (16% above median its 10-year median of 0.32)
  • GF Value™: $57.89 vs. price of $70.84 (22.4% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 9.8% below the Medical Devices & Instruments median (#113 of 284)

No single metric tells the full story. See the UTMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Utah Medical Products Business Description

Other Exchanges UTM:Germany
Address 7043 South 300 West, Midvale, UT, USA, 84047
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable, and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, and Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals, and outpatient clinics and physicians' offices.
73GF Score

Get the complete analysis for UTMD

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$70.84
Price
$57.89
GF Value