UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES DIVIDEND

(Neutral)

Rhea-AI Summary

Universal Health Services, Inc. (NYSE: UHS) has declared a cash dividend of $0.20 per share, set for payment on March 15, 2023. Shareholders on record by March 1, 2023 will be eligible for this dividend. UHS is a leading provider in the healthcare sector, operating various facilities including acute care hospitals and behavioral health facilities across the United States, Puerto Rico, and the United Kingdom.

Positive

Cash dividend of $0.20 per share enhances shareholder income.
Demonstrates company's confidence in financial stability.

Negative

None.

News Market Reaction – UHS

+0.44%

+0.44% Session move

In the trading session that priced this news, UHS gained 0.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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01/18/2023 - 04:15 PM

KING OF PRUSSIA, Pa., Jan. 18, 2023 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its Board of Directors voted to pay a cash dividend of $0.20 per share on March 15, 2023 to shareholders of record as of March 1, 2023.

Universal Health Services, Inc. ("UHS") is one of the nation's largest providers of hospital and healthcare services. Through its subsidiaries, UHS operates acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points located throughout the United States, Puerto Rico and the United Kingdom.

View original content:https://www.prnewswire.com/news-releases/universal-health-services-inc-announces-dividend-301725122.html

SOURCE Universal Health Services, Inc.

FAQ

When will Universal Health Services pay its next dividend?

Universal Health Services will pay its next dividend on March 15, 2023.

What is the dividend amount for UHS?

The dividend amount for Universal Health Services is $0.20 per share.

Who is eligible for the UHS dividend?

Shareholders of record as of March 1, 2023, are eligible for the UHS dividend.

How often does Universal Health Services pay dividends?

Universal Health Services pays dividends quarterly.

Is the dividend from UHS sustainable?

The sustainability of the UHS dividend is linked to the company's financial performance and stability.