Utah Medical Products Inc. announced that its Board of Directors approved a quarterly cash dividend of twenty-three and one-half cents ($0.235) per share of common stock payable on December 30, 2009 to shareholders of record at the close of business on December 16, 2009. This is a 2% increase over the dividend declared in the same quarter of the prior year.

Utah Medical Products Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating income of $2,384,000, income before tax of $2,445,000 and net income of $1,615,000 or $0.443 per share on net sales of $6,673,000 compared to operating income of $2,940,000, income before tax of $2,727,000 and net income of $1,820,000 or $0.467 per share on net sales of $7,181,000 for the same period a year ago. For the nine months, the company reported operating income of $7,056,000, income before tax of $7,204,000 and net income of $4,711,000 or $1.3 per share on net sales of $19,424,000 compared to operating income of $8,178,000, income before tax of $8,357,000 and net income of $5,628,000 or $1.438 per share on net sales of $21,185,000 for the same period a year ago. Capital expenditures were $443,000 compared to $194,000 in nine months of 2008. An increased rate of capital investment will continue as the company will expand its Midvale facility to take advantage of current attractive construction costs. In fourth quarter of 2009, the company expects to see a positive change in income statement categories compared to fourth quarter of 2008 yielding final sales and earnings per share of 6% to 7% lower for 2009 as a whole compared to 2008. The company expects that it will be able to achieve closer to the top than the bottom of the $1.71 to $1.75 earnings per share range previously projected for the calendar year 2009.

Utah Medical Products Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.23 per share of common stock payable on October 5, 2009 to shareholders of record at the close of business on September 16, 2009. This is a 2% increase over the dividend declared in the same quarter of the prior year, and the same as the preceding quarterly dividend. Looking ahead, UTMD expects to pay the following quarterly dividend on December 30, 2009 instead of January 5, 2010, anticipating that 2009 dividends may be taxed at a lower rate than in 2010. The Board of Directors made this exception at the end of 2008, as well.