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CONMED Corporation (CNMD) logo

CONMED Corporation

S&P 500

CNMD/Healthcare · Medical Devices/NYSE

Dividend Yield

2.46%

$0.80 · Annual Dividend

Stock Price$34.56P/E18.0MCap979.8MLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

70/ 100Safe

CNMD's dividend appears safe and well-supported. Strengths include a 22.6% earnings payout ratio & 15.0% fcf payout ratio. Areas of concern: 5.5% return on equity & Volatile profit margin stability.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 22.6%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 15.0%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 15.9%Operating cash flow strongly supports the payout.

Risks

  • 5-Year Dividend CAGR: -5.6%Dividend growth has been weak or negative.
  • Return on Equity: 5.5%Return on equity is below industry norms.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Very Safe
22.6%Very Safe
15.0%Very Safe
15.9%Very Safe

Balance Sheet

Safe

Profitability

Caution
5.5%Warning
10.0%Caution
57.9%Very Safe

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
Mostly StableCaution

About CONMED Corporation

CONMED Corporation is a global medical technology company that designs, manufactures, and distributes surgical equipment and medical devices for orthopedic and general surgery specialties. The company's orthopedic surgery segment provides products for soft tissue repair, powered resection instruments, and foot and ankle surgery systems. Its general surgery division offers advanced surgical and endoscopic technologies, including the AirSeal insufflation system for minimally invasive procedures, smoke evacuation products, electrosurgical generators, and specialized devices for gastroenterology and pulmonology procedures. CONMED serves healthcare professionals including surgeons and specialists in orthopedics, general surgery, gynecology, thoracic surgery, and related fields across approximately 100 countries. The company operates through sales subsidiaries and distribution networks in major markets including the United States, Europe, Asia Pacific, and other regions. CONMED caters to various healthcare settings ranging from ambulatory surgery centers and endoscopy suites to large hospital systems, focusing on delivering solutions that enhance surgical efficiency and patient outcomes in value-based care environments.

Dividend Overview

Dividend Yield

2.46%

Annual Dividend

$0.80

Frequency

Quarterly

Payout Ratio

22.60%

FCF Payout Ratio

15.01%

52-Week Range

$31.44 - $56.64

Dividend History (2016–2025)

CNMD annual dividend per share and yield history

Earnings & Profitability

CNMD earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

September 15, 2025

Last Payment Date

October 3, 2025

Dividend Growth

3-Year Dividend CAGR

-9.14%

5-Year Dividend CAGR

-5.59%

10-Year Dividend CAGR

-2.84%

3-Year Total Growth

-25.00%

5-Year Total Growth

-25.00%

10-Year Total Growth

-25.00%

Income Calculator

CNMD Dividend Calculator

Total Investment

$3,456.00

Annual Income

$80.00

Quarterly Income

$20.00

Monthly Income

$6.67

Frequently Asked Questions

What is CNMD's current dividend yield?
CONMED Corporation (CNMD) currently has a dividend yield of 2.46%, based on a stock price of $34.56 and an annual dividend of $0.80.
When is CNMD's next dividend payment date?
CNMD's next ex-dividend date is 2025-09-15 and the next payment date is 2025-10-03. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CNMD pay in dividends per year?
CONMED Corporation paid $0.60 per share in annual dividends in 2025. The dividends are paid quarterly.
Has CNMD been increasing its dividend?
CONMED Corporation has grown its dividend at a 5-year CAGR of -5.59% and a 10-year CAGR of -2.84%.
Is CNMD's dividend safe?
CONMED Corporation has a payout ratio of 22.60%. Its free cash flow payout ratio is 15.01%. A payout ratio below 60% is generally considered sustainable.
How is CNMD's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates CONMED Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.