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

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Wednesday, June 10th. Investors of record on Monday, June 22nd will be paid a dividend of 0.75 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Monday, June 22nd. This is a 0.7% increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.75.

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

Universal Health Realty Income Trust Stock Performance

Shares of UHT opened at $40.26 on Thursday. Universal Health Realty Income Trust has a one year low of $35.26 and a one year high of $44.70. The company has a 50-day moving average of $41.19 and a two-hundred day moving average of $41.21. The stock has a market cap of $558.78 million, a price-to-earnings ratio of 31.45 and a beta of 0.82. The company has a debt-to-equity ratio of 2.56, a current ratio of 6.14 and a quick ratio of 6.14.

Universal Health Realty Income Trust (NYSE:UHT) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.36 EPS for the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%. The company had revenue of $24.53 million during the quarter.

Institutional Trading of Universal Health Realty Income Trust

A number of hedge funds have recently made changes to their positions in UHT. Moore Capital Management LP purchased a new stake in shares of Universal Health Realty Income Trust in the fourth quarter worth approximately $1,997,000. Millennium Management LLC purchased a new stake in shares of Universal Health Realty Income Trust in the third quarter worth approximately $1,901,000. LPL Financial LLC lifted its position in shares of Universal Health Realty Income Trust by 465.7% in the fourth quarter. LPL Financial LLC now owns 50,112 shares of the real estate investment trust’s stock worth $1,965,000 after purchasing an additional 41,253 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in shares of Universal Health Realty Income Trust in the fourth quarter worth approximately $876,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Universal Health Realty Income Trust by 29.3% in the first quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock worth $3,927,000 after purchasing an additional 21,708 shares in the last quarter. 64.66% of the stock is owned by hedge funds and other institutional investors.

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.