Universal Health Services, Inc. (NYSE:UHS) Announces $0.20 Quarterly Dividend

Universal Health Services, Inc. (NYSE:UHS) announced a quarterly dividend on Wednesday, July 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.20 per share by the health services provider on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 1st.

Universal Health Services has raised its dividend payment by an average of 0.3%annually over the last three years. Universal Health Services has a dividend payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Universal Health Services to earn $25.37 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 3.2%.

Universal Health Services Stock Up 2.9%

Shares of NYSE:UHS opened at $148.38 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 6.18, a P/E/G ratio of 0.77 and a beta of 1.07. The company has a 50 day moving average of $153.11 and a 200-day moving average of $183.03. Universal Health Services has a one year low of $140.08 and a one year high of $246.32.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating the consensus estimate of $5.41 by $0.21. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The business had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period in the prior year, the business posted $4.84 earnings per share. Universal Health Services’s revenue was up 9.6% compared to the same quarter last year. On average, sell-side analysts forecast that Universal Health Services will post 23.44 earnings per share for the current year.

About Universal Health Services

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.