Universal Health Realty Income Trust (UHT) to Distribute Quarterly Dividend of $0.75 on September 30th

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Tuesday, September 8th. Shareholders of record on Monday, September 21st will be given a dividend of 0.75 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Monday, September 21st.

Universal Health Realty Income Trust has raised its dividend payment 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 Stock Performance

Shares of UHT stock opened at $39.73 on Friday. The firm has a 50 day moving average of $42.00 and a two-hundred day moving average of $41.74. The stock has a market capitalization of $552.18 million, a PE ratio of 28.58 and a beta of 0.82. The company has a quick ratio of 5.54, a current ratio of 5.54 and a debt-to-equity ratio of 2.67. Universal Health Realty Income Trust has a 52 week low of $35.26 and a 52 week high of $46.30.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.37 earnings per share for the quarter. The business had revenue of $24.99 million for the quarter. Universal Health Realty Income Trust had a return on equity of 12.31% and a net margin of 19.40%.

Institutional Trading of Universal Health Realty Income Trust

A number of hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Universal Health Realty Income Trust during the second quarter worth approximately $86,000. Squarepoint Ops LLC increased its stake in Universal Health Realty Income Trust by 263.6% in the 2nd quarter. Squarepoint Ops LLC now owns 20,660 shares of the real estate investment trust’s stock valued at $906,000 after buying an additional 14,978 shares during the period. Hsbc Holdings PLC acquired a new position in Universal Health Realty Income Trust in the 2nd quarter valued at $351,000. Deutsche Bank AG raised its position in Universal Health Realty Income Trust by 24.2% during the 2nd quarter. Deutsche Bank AG now owns 13,118 shares of the real estate investment trust’s stock worth $575,000 after buying an additional 2,557 shares during the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of Universal Health Realty Income Trust in the 2nd quarter worth $41,000. 64.66% of the stock is owned by institutional investors and hedge funds.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust that owns and invests in healthcare-related properties. The company generates income primarily by leasing these properties to healthcare operators under long-term agreements.

Its portfolio has historically included acute-care hospitals, behavioral health facilities, outpatient and ambulatory care centers, physician office buildings, surgery centers, and other healthcare-related properties. Many of its leases are structured as long-term arrangements in which tenants are responsible for a substantial portion of the property’s operating expenses.

Universal Health Realty Income Trust was established in 1986 and was formed in association with Universal Health Services, a healthcare management company.