SALT LAKE CITY, July 31, 2007 (PRIME NEWSWIRE) -- Utah Medical Products, Inc. (Nasdaq:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-two cents ($.22) per share of common stock payable on October 3, 2007 to shareholders of record at the close of business on September 14, 2007. This is a ten percent (10%) increase over the dividend declared in the same quarter of the prior year.