Universal Health Realty Income Trust to Issue Quarterly Dividend of $0.75 (NYSE:UHT)

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Tuesday, September 8th. Shareholders of record on Monday, September 21st will be given a dividend of 0.75 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Monday, September 21st.

Universal Health Realty Income Trust has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Universal Health Realty Income Trust Stock Performance

NYSE UHT opened at $41.13 on Wednesday. The company has a market cap of $571.78 million, a PE ratio of 29.59 and a beta of 0.82. The stock’s 50 day simple moving average is $42.59 and its 200-day simple moving average is $41.89. Universal Health Realty Income Trust has a 1-year low of $35.26 and a 1-year high of $46.30. The company has a debt-to-equity ratio of 2.67, a current ratio of 5.54 and a quick ratio of 5.54.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.37 EPS for the quarter. The firm had revenue of $24.99 million during the quarter. Universal Health Realty Income Trust had a return on equity of 12.31% and a net margin of 19.40%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Universal Health Realty Income Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.

UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.