SALT LAKE CITY, May 13, 2008 (PRIME NEWSWIRE) -- Utah Medical Products, Inc. (Nasdaq:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-two and one-half cents ($.225) per share of common stock payable on July 3, 2008 to shareholders of record at the close of business on June 16, 2008. This is a two percent (2%) increase over the dividend declared in the same quarter of the prior year.