SALT LAKE CITY, Oct. 30, 2008 (GLOBE NEWSWIRE) -- Utah Medical Products, Inc. (Nasdaq:UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-three cents ($.23) per share of common stock payable on January 5, 2009 to shareholders of record at the close of business on December 16, 2008. This is a two percent (2%) increase over the dividend declared in the same quarter of the prior year. Since initiation in May 2004, UTMD dividends have steadily increased, with the current dividend 53% higher than the dividend announced at this time of the year four years ago.