UNIVERSAL HEALTH REALTY INCOME TRUST ANNOUNCES DIVIDEND INCREASE

Universal Health Realty Income Trust (NYSE: UHT) has announced a quarterly dividend increase of $0.005, bringing the new dividend to $0.735 per share.

Rhea-AI Summary

Universal Health Realty Income Trust (NYSE: UHT) has announced a quarterly dividend increase of $0.005, bringing the new dividend to $0.735 per share. The dividend will be paid on December 31, 2024, to shareholders of record as of December 16, 2024. The company, a real estate investment trust, maintains a portfolio of 77 healthcare and human service-related facilities across 21 states, including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, surgery centers, and medical office buildings.

Positive

• Dividend increase demonstrates company's financial stability
• Diverse portfolio of 77 healthcare facilities across 21 states indicates strong market presence
• Consistent dividend payment maintains steady shareholder returns

Negative

• Minimal dividend increase of only $0.005 (0.68%) may indicate growth

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KING OF PRUSSIA, Pa., Nov. 25, 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 $.735 per share on December 31, 2024 to shareholders of record as of December 16, 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-seven investments in twenty-one states.

View original content:https://www.prnewswire.com/news-releases/universal-health-realty-income-trust-announces-dividend-increase-302315702.html

SOURCE Universal Health Realty Income Trust

FAQ

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

What is Universal Health Realty Income Trust's new quarterly dividend for December 2024?

Universal Health Realty Income Trust's new quarterly dividend is $0.735 per share, reflecting a $0.005 increase.

When is UHT's next dividend payment date?

UHT's dividend will be paid on December 31, 2024, to shareholders of record as of December 16, 2024.

How many healthcare facilities does UHT currently own?

UHT owns 77 healthcare and human service-related facilities spread across 21 states.

What types of healthcare facilities does UHT invest in?

UHT invests in acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers, and medical office buildings.