Universal Health Realty Income Trust Announces Dividend Increase
Universal Health Realty Income Trust (NYSE:UHT) announced a $0.005 increase in its quarterly dividend, bringing the total to $0.695 per share.
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Rhea-AI Summary
Universal Health Realty Income Trust (NYSE:UHT) announced a $0.005 increase in its quarterly dividend, bringing the total to $0.695 per share. The dividend will be paid on December 31, 2020, to shareholders recorded by December 17, 2020. This decision reflects the Trust's commitment to returning value to its investors. UHT invests in healthcare and human service facilities across twenty states, with seventy-one investments, indicating a diversified portfolio in a vital sector.
Positive
- Quarterly dividend increased by $0.005, now at $0.695 per share.
- Dividends reflect commitment to shareholder value.
- Diversified investment across 71 properties in 20 states.
Negative
- None.
Details
News Market Reaction – UHT
The recorded move for UHT in the trading session of this news was +2.59%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
KING OF PRUSSIA, Pa., Dec. 2, 2020 /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 $.695 per share on December 31, 2020 to shareholders of record as of December 17, 2020.
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-one investments in twenty states.
View original content:http://www.prnewswire.com/news-releases/universal-health-realty-income-trust-announces-dividend-increase-301185096.html
SOURCE Universal Health Realty Income Trust
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