UNIVERSAL HEALTH REALTY INCOME TRUST ANNOUNCES DIVIDEND INCREASE
Rhea-AI Summary
Universal Health Realty Income Trust (NYSE: UHT) announced an increase in its quarterly dividend, now set at $.71 per share, a rise of $.005 from previous distributions. This dividend will be paid on June 30, 2022, to shareholders recorded by June 20, 2022. The Trust specializes in investing in healthcare-related facilities, operating 76 investments across 21 states.
Positive
- Quarterly dividend increased to $.71 per share.
- Dividend payment reflects confidence in ongoing revenue from healthcare investments.
Negative
- None.
News Market Reaction – UHT
In the trading session that priced this news, UHT gained 1.16%, reflecting a mild positive 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 9, 2022 /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 $.71 per share on June 30, 2022 to shareholders of record as of June 20, 2022.
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.
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SOURCE Universal Health Realty Income Trust