CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for surgical procedures worldwide. It offers orthopedic surgery products, including TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and PopLok Knotless Suture Anchors, which provide unique clinical solutions to orthopedic surgeons for the repair of soft tissue injuries, as well as supporting products that enable surgeons to perform minimally invasive sports medicine surgeries. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including diagnostic and therapeutic products for use in gastroenterology procedures, and products for the treatment of diseases of the biliary structures, as well as cardiac monitoring products comprising ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.
CONMED Dividend Announcement
• CONMED announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-16
• CONMED annual dividend for 2024 was $0.60
• CONMED annual dividend for 2023 was $0.80
• CONMED's trailing twelve-month (TTM) dividend yield is 1.07%
• CONMED's payout ratio for the trailing twelve months (TTM) is 18.69%
• CONMED's dividend growth over the last ten years (2013-2023) was 2.10% year
CONMED Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.20 | quarterly | 2024-10-04 |
2024-06-14 | $0.20 | quarterly | 2024-07-05 |
2024-03-14 | $0.20 | quarterly | 2024-04-05 |
2023-12-15 | $0.20 | quarterly | 2024-01-05 |
2023-09-14 | $0.20 | quarterly | 2023-10-05 |
2023-06-14 | $0.20 | quarterly | 2023-07-05 |
2023-03-14 | $0.20 | quarterly | 2023-04-05 |
2022-12-15 | $0.20 | quarterly | 2023-01-05 |
2022-09-14 | $0.20 | quarterly | 2022-10-05 |
2022-06-14 | $0.20 | quarterly | 2022-07-05 |
2022-03-14 | $0.20 | quarterly | 2022-04-05 |
2021-12-14 | $0.20 | quarterly | 2022-01-05 |
2021-09-14 | $0.20 | quarterly | 2021-10-05 |
2021-06-14 | $0.20 | quarterly | 2021-07-06 |
2021-03-12 | $0.20 | quarterly | 2021-04-05 |
2020-12-14 | $0.20 | quarterly | 2021-01-05 |
2020-09-14 | $0.20 | quarterly | 2020-10-05 |
2020-06-12 | $0.20 | quarterly | 2020-07-06 |
2020-03-13 | $0.20 | quarterly | 2020-04-06 |
2019-12-12 | $0.20 | quarterly | 2020-01-07 |
2019-09-12 | $0.20 | quarterly | 2019-10-07 |
2019-06-13 | $0.20 | quarterly | 2019-07-05 |
2019-03-14 | $0.20 | quarterly | 2019-04-05 |
2018-12-13 | $0.20 | quarterly | 2019-01-07 |
2018-09-13 | $0.20 | quarterly | 2018-10-08 |
2018-06-14 | $0.20 | quarterly | 2018-07-05 |
2018-03-14 | $0.20 | quarterly | 2018-04-05 |
2017-12-14 | $0.20 | quarterly | 2018-01-05 |
2017-09-14 | $0.20 | quarterly | 2017-10-05 |
2017-06-13 | $0.20 | quarterly | 2017-07-05 |
2017-03-13 | $0.20 | quarterly | 2017-04-05 |
2016-12-13 | $0.20 | quarterly | 2017-01-05 |
2016-09-13 | $0.20 | quarterly | 2016-10-05 |
2016-06-13 | $0.20 | quarterly | 2016-07-06 |
2016-03-11 | $0.20 | quarterly | 2016-04-05 |
2015-12-11 | $0.20 | quarterly | 2016-01-05 |
2015-09-11 | $0.20 | quarterly | 2015-10-05 |
2015-06-11 | $0.20 | quarterly | 2015-07-06 |
2015-03-12 | $0.20 | quarterly | 2015-04-06 |
2014-12-11 | $0.20 | quarterly | 2015-01-05 |
2014-09-11 | $0.20 | quarterly | 2014-10-06 |
2014-06-12 | $0.20 | quarterly | 2014-07-07 |
2014-03-13 | $0.20 | quarterly | 2014-04-07 |
2013-12-12 | $0.20 | quarterly | 2014-01-06 |
2013-09-12 | $0.15 | quarterly | 2013-10-04 |
2013-06-13 | $0.15 | quarterly | 2013-07-08 |
2013-03-13 | $0.15 | quarterly | 2013-04-05 |
CONMED Dividend per year
CONMED Dividend growth
CONMED Dividend Yield
CONMED current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing CONMED stock? Use our calculator to estimate your expected dividend yield:
CONMED Financial Ratios
CONMED Dividend FAQ
Other factors to consider when evaluating CONMED as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CONMED's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CONMED publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CONMED distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CONMED are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CONMED sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CONMED distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CONMED declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CONMED's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CONMED's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.