UNIVERSAL HEALTH REALTY INCOME TRUST ANNOUNCES DIVIDEND INCREASE

Universal Health Realty Income Trust (NYSE: UHT) announced an increase in its quarterly dividend by $.005, setting the new dividend at $.73 per share.

Rhea-AI Summary

Universal Health Realty Income Trust (NYSE: UHT) announced an increase in its quarterly dividend by $.005, setting the new dividend at $.73 per share. The dividend will be paid on June 28, 2024, to shareholders of record as of June 17, 2024.

The real estate investment trust (REIT) focuses on healthcare and human service-related facilities, including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers, and medical office buildings. UHT currently has seventy-six investments across twenty-one states.

Positive

• Increase in quarterly dividend by $.005 to $.73 per share.
• Dividend payment scheduled for June 28, 2024.
• UHT has seventy-six investments across twenty-one states.
• Focused investments in healthcare and human service-related facilities.

Negative

• Dividend increase of only $.005 may be seen as modest by some investors.

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News Market Reaction – UHT

The recorded move for UHT in the trading session of this news was +3.27%.

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KING OF PRUSSIA, Pa., June 5, 2024 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that its Board of Trustees voted to increase the quarterly dividend by $.005 and pay a dividend of $.73 per share on June 28, 2024 to shareholders of record as of June 17, 2024.

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service-related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers, and medical office buildings. The Trust has seventy-six investments in twenty-one states.

View original content:https://www.prnewswire.com/news-releases/universal-health-realty-income-trust-announces-dividend-increase-302165098.html

SOURCE Universal Health Realty Income Trust

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for Universal Health Realty Income Trust (UHT)?

The new dividend amount for Universal Health Realty Income Trust (UHT) is $.73 per share.

When will UHT pay the increased dividend?

Universal Health Realty Income Trust (UHT) will pay the increased dividend on June 28, 2024.

What is the record date for UHT's upcoming dividend payment?

The record date for UHT's upcoming dividend payment is June 17, 2024.

How many investments does UHT currently have?

Universal Health Realty Income Trust (UHT) currently has seventy-six investments.

In how many states does UHT have investments?

Universal Health Realty Income Trust (UHT) has investments in twenty-one states.