SALT LAKE CITY, Oct. 30, 2007 (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 January 3, 2008 to shareholders of record at the close of business on December 14, 2007. This is a seven percent (7%) increase over the dividend declared in the same quarter of the prior year.