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

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Wednesday, March 11th. Investors of record on Monday, March 23rd will be paid a dividend of 0.745 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Monday, March 23rd.

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

Universal Health Realty Income Trust Trading Down 0.9%

NYSE:UHT opened at $42.76 on Thursday. The firm has a market capitalization of $593.45 million, a P/E ratio of 33.93 and a beta of 0.89. The business has a 50 day simple moving average of $41.42 and a 200 day simple moving average of $40.14. The company has a debt-to-equity ratio of 2.46, a current ratio of 6.05 and a quick ratio of 6.05. Universal Health Realty Income Trust has a 12-month low of $35.26 and a 12-month high of $44.70.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Universal Health Realty Income Trust Company Profile

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.