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

Universal Health Realty Income Trust (NYSE:UHT) declared a quarterly dividend on Wednesday, December 10th. Investors of record on Monday, December 22nd will be paid a dividend of 0.745 per share by the real estate investment trust on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Monday, December 22nd. This is a 0.7% increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74.

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

Universal Health Realty Income Trust Price Performance

Universal Health Realty Income Trust stock traded up $0.10 during mid-day trading on Thursday, reaching $42.13. The company had a trading volume of 11,359 shares, compared to its average volume of 69,279. The business has a fifty day simple moving average of $38.53 and a 200 day simple moving average of $39.65. The company has a market cap of $584.27 million, a P/E ratio of 32.65 and a beta of 0.93. Universal Health Realty Income Trust has a fifty-two week low of $34.56 and a fifty-two week high of $42.50. The company has a current ratio of 7.37, a quick ratio of 7.37 and a debt-to-equity ratio of 2.37.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Universal Health Realty Income Trust has a consensus rating of “Hold”.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human-service related facilities including acute care hospitals, behavioral health care hospitals, specialty facilities, medical/office buildings, free-standing emergency departments and childcare centers.