Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Thursday, December 7th, Wall Street Journal reports. Stockholders of record on Monday, December 18th will be given a dividend of 0.665 per share by the real estate investment trust on Friday, December 29th. This represents a $2.66 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Friday, December 15th. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.66.

Universal Health Realty Income Trust has raised its dividend payment by an average of 1.4% per year over the last three years and has increased its dividend annually for the last 31 consecutive years.

Shares of Universal Health Realty Income Trust (NYSE:UHT) traded down $0.23 during trading on Thursday, hitting $72.25. The company had a trading volume of 21,700 shares, compared to its average volume of 46,839. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.22. Universal Health Realty Income Trust has a twelve month low of $59.10 and a twelve month high of $84.90. The firm has a market capitalization of $995.48, a PE ratio of 23.08 and a beta of 0.35.

Separately, BidaskClub cut Universal Health Realty Income Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th.

In related news, VP Charles F. Boyle sold 2,368 shares of Universal Health Realty Income Trust stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $76.49, for a total transaction of $181,128.32. Following the completion of the sale, the vice president now directly owns 26,910 shares of the company’s stock, valued at $2,058,345.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.90% of the stock is owned by insiders.

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About Universal Health Realty Income Trust

Universal Health Realty Income Trust is a real estate investment trust (REIT). The Company invests in healthcare and human service related facilities, including acute care hospitals, rehabilitation hospitals, sub-acute facilities, surgery centers, free-standing emergency departments, childcare centers and medical office buildings (MOBs).

Dividend History for Universal Health Realty Income Trust (NYSE:UHT)

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