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

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 increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years.

Universal Health Realty Income Trust Stock Performance

NYSE UHT opened at $42.76 on Thursday. The company has a market capitalization of $593.45 million, a price-to-earnings ratio of 33.93 and a beta of 0.89. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 2.46. Universal Health Realty Income Trust has a twelve month low of $35.26 and a twelve month high of $44.70. The stock has a fifty day simple moving average of $41.42 and a 200 day simple moving average of $40.14.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Large investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC purchased a new position in shares of Universal Health Realty Income Trust in the 3rd quarter worth approximately $29,000. MAI Capital Management increased its holdings in Universal Health Realty Income Trust by 273.8% in the 3rd quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 586 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Universal Health Realty Income Trust by 130.6% in 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 purchasing an additional 602 shares in the last quarter. Versant Capital Management Inc raised its holdings in Universal Health Realty Income Trust by 848.8% during the 3rd quarter. Versant Capital Management Inc now owns 1,167 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,044 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in Universal Health Realty Income Trust during the 4th quarter worth about $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.