Universal Health Realty Income Trust (UHT) To Go Ex-Dividend on December 16th

Universal Health Realty Income Trust (NYSE:UHT) declared a quarterly dividend on Monday, November 25th,Wall Street Journal reports. Investors of record on Monday, December 16th will be given a dividend of 0.735 per share by the real estate investment trust on Tuesday, December 31st. This represents a $2.94 annualized dividend and a dividend yield of 6.99%. The ex-dividend date of this dividend is Monday, December 16th. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73.

Universal Health Realty Income Trust has raised its dividend payment by an average of 1.4% annually over the last three years.

Universal Health Realty Income Trust Stock Performance

Shares of NYSE UHT opened at $42.06 on Wednesday. Universal Health Realty Income Trust has a 12 month low of $32.27 and a 12 month high of $47.30. The company has a market cap of $582.53 million, a P/E ratio of 32.11 and a beta of 0.83. The business’s 50 day moving average is $42.44 and its two-hundred day moving average is $41.33. The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research note on Saturday, November 2nd.

About Universal Health Realty Income Trust

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human-service related facilities including acute care hospitals, behavioral health care hospitals, specialty facilities, medical/office buildings, free-standing emergency departments and childcare centers.