Universal Health Realty Income Trust Announces Dividend Increase

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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.

News Market Reaction – UHT

+2.59%

+2.59% Session move

In the trading session that priced this news, UHT gained 2.59%, reflecting a moderate 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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12/02/2020 - 04:15 PM

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

FAQ

When is the next dividend payment for Universal Health Realty Income Trust (UHT)?

The next dividend payment for UHT is scheduled for December 31, 2020.

What is the new dividend amount for UHT after the increase?

The new dividend amount after the increase is $0.695 per share.

What date do I need to be a shareholder to receive the UHT dividend?

Shareholders must be on record by December 17, 2020, to receive the dividend.

How frequently does Universal Health Realty Income Trust pay dividends?

Universal Health Realty Income Trust typically pays dividends quarterly.

What types of facilities does Universal Health Realty Income Trust invest in?

UHT invests in healthcare and human service-related facilities, including hospitals and medical office buildings.