Universal Health Services, Inc. (UHS) to Issue Quarterly Dividend of $0.20 on March 16th

Universal Health Services, Inc. (NYSE:UHS) announced a quarterly dividend on Thursday, February 12th. Stockholders of record on Monday, March 2nd will be given a dividend of 0.20 per share by the health services provider on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 2nd.

Universal Health Services has raised its dividend payment by an average of 0.1%per year over the last three years. Universal Health Services has a payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Universal Health Services to earn $17.69 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 4.5%.

Universal Health Services Stock Up 0.3%

UHS stock opened at $234.86 on Friday. The firm’s 50-day moving average is $215.39 and its two-hundred day moving average is $206.48. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $14.67 billion, a price-to-earnings ratio of 11.16, a price-to-earnings-growth ratio of 0.73 and a beta of 1.26. Universal Health Services has a 52 week low of $152.33 and a 52 week high of $246.32.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.