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

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Wednesday, June 10th. Investors 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) dividend on an annualized basis 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 increased its dividend payment 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 Stock Up 1.3%

UHT stock opened at $40.26 on Thursday. 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 has a fifty-two week low of $35.26 and a fifty-two week high of $44.70. The firm’s 50-day simple moving average is $41.19 and its 200 day simple moving average is $41.21. The stock has a market cap of $558.78 million, a PE ratio of 31.45 and a beta of 0.82.

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

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several large investors have recently made changes to their positions in UHT. Advisory Services Network LLC bought a new position in shares of Universal Health Realty Income Trust during the 3rd quarter valued at about $29,000. Bessemer Group Inc. boosted its holdings in Universal Health Realty Income Trust by 120.6% during the first quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 415 shares in the last quarter. MAI Capital Management boosted its holdings in Universal Health Realty Income Trust by 273.8% during the third quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 586 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Universal Health Realty Income Trust by 130.6% during the second quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 602 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in Universal Health Realty Income Trust during the fourth quarter worth approximately $46,000. 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.