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 $0.71 per share. This marks 35 consecutive years of dividend increases by the health care REIT.

Universal Health Realty Income Trust 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. A new annual rate of $2.84 per share for UHT yields 5.4% at a stock price of $53.17 as of June 9, 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.UHT’s portfolio includes McAllen Medical Center, Wellington Regional Medical Center, Canyon Creek Behavioral Health and Clive Behavioral Health Hospital.