Universal Health Realty Income Trust Announces Dividend Increase
Rhea-AI Summary
Universal Health Realty Income Trust (UHT) announced an increase in its quarterly dividend to $.70 per share, up by $.005. This dividend will be paid on June 30, 2021, to shareholders of record as of June 16, 2021. The Trust focuses on investments in the healthcare sector, with a portfolio of 73 investments across 20 states, encompassing various facilities such as hospitals and rehabilitation centers.
Positive
- Quarterly dividend increased to $.70 per share, reflecting strong income for shareholders.
- Widely diversified investment portfolio with 73 properties across 20 states.
Negative
- None.
News Market Reaction – UHT
In the trading session that priced this news, UHT declined 1.95%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
KING OF PRUSSIA, Pa., June 2, 2021 /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 $.70 per share on June 30, 2021 to shareholders of record as of June 16, 2021.
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-three investments in twenty states.
View original content:http://www.prnewswire.com/news-releases/universal-health-realty-income-trust-announces-dividend-increase-301304391.html
SOURCE Universal Health Realty Income Trust