Universal Health Realty Income Trust (UHT) To Go Ex-Dividend on September 17th

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Wednesday, September 8th, Zacks reports. Stockholders of record on Monday, September 20th will be given a dividend of 0.70 per share by the real estate investment trust on Thursday, September 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date of this dividend is Friday, September 17th.

Universal Health Realty Income Trust has increased its dividend payment by 4.6% over the last three years and has increased its dividend every year for the last 25 years.

NYSE:UHT opened at $57.83 on Wednesday. The firm has a market capitalization of $796.43 million, a P/E ratio of 35.48 and a beta of 0.76. Universal Health Realty Income Trust has a 1-year low of $52.25 and a 1-year high of $75.61. The company’s fifty day moving average price is $59.29 and its 200-day moving average price is $64.76. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.36 and a quick ratio of 1.36.

In other news, Director Michael Allan Domb purchased 3,000 shares of the company’s stock in a transaction that occurred on Thursday, September 9th. The shares were bought at an average price of $56.15 per share, for a total transaction of $168,450.00. Following the completion of the transaction, the director now owns 6,800 shares in the company, valued at $381,820. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Alan B. Miller purchased 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 17th. The shares were purchased at an average price of $57.16 per share, for a total transaction of $257,220.00. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by company insiders.

A hedge fund recently raised its stake in Universal Health Realty Income Trust stock. Royal Bank of Canada raised its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 501.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,471 shares of the real estate investment trust’s stock after purchasing an additional 2,060 shares during the period. Royal Bank of Canada’s holdings in Universal Health Realty Income Trust were worth $152,000 at the end of the most recent quarter. 64.60% of the stock is owned by institutional investors and hedge funds.

About Universal Health Realty Income Trust

Universal Health Realty Income Trust operates as a real estate investment trust. It engages in investing and leasing healthcare and human service facilities through direct ownership or joint ventures. The firm focuses on investing in acute care hospitals, rehabilitation hospitals, sub-acute facilities, medical office buildings, free-standing emergency departments, and childcare centers.

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Dividend History for Universal Health Realty Income Trust (NYSE:UHT)

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