Universal Health Realty Income Trust hikes dividend by 0.7%

Universal Health Realty Income Trust (UHT) will raise its quarterly dividend by another 0.7 percent to $0.70 per share. This is the first dividend hike announced in 2021 and marks 34 consecutive years of dividend increases by the health care REIT.

The next dividend will be paid on June 30, 2021 to shareholders of record as of June 16, 2021. A new annual rate of $2.80 per share yields 4.0% at a stock price of $70.

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.