Universal Health Realty Income Trust (NYSE:UHT) to Issue Dividend Increase – $0.75 Per Share

Universal Health Realty Income Trust (NYSE:UHT) declared a quarterly dividend on Wednesday, June 10th. Stockholders of record on Monday, June 22nd will be given a dividend of 0.75 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Monday, June 22nd. This is a 0.7% increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.75.

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

Universal Health Realty Income Trust Trading Up 1.3%

NYSE:UHT opened at $40.26 on Thursday. The stock has a fifty day simple moving average of $41.19 and a 200-day simple moving average of $41.21. Universal Health Realty Income Trust has a 52-week low of $35.26 and a 52-week high of $44.70. The company has a market capitalization of $558.78 million, a PE ratio of 31.45 and a beta of 0.82. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 2.56.

Universal Health Realty Income Trust (NYSE:UHT) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share for the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%. The firm had revenue of $24.53 million during the quarter.

Institutional Trading of Universal Health Realty Income Trust

Institutional investors have recently modified their holdings of the company. Total Wealth Planning & Management Inc. purchased a new stake in shares of Universal Health Realty Income Trust during the 4th quarter valued at about $498,000. Public Sector Pension Investment Board boosted its holdings in Universal Health Realty Income Trust by 44.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 62,693 shares of the real estate investment trust’s stock worth $2,456,000 after acquiring an additional 19,309 shares during the period. Bailard Inc. purchased a new position in Universal Health Realty Income Trust in the 4th quarter worth approximately $541,000. Vanguard Group Inc. boosted its holdings in Universal Health Realty Income Trust by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 1,619,739 shares of the real estate investment trust’s stock worth $63,445,000 after acquiring an additional 15,550 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in Universal Health Realty Income Trust in the 3rd quarter worth approximately $349,000. Hedge funds and other institutional investors own 64.66% of the company’s stock.

About Universal Health Realty Income Trust

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.