UHT stock dividend – Universal Health REIT Increases Quarterly Dividend to $0.725/Share
December 8, 2023
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Universal Health Realty ($NYSE:UHT) Income Trust is a real estate investment trust (REIT) focused on investing in healthcare and human service related facilities, such as acute care hospitals, continuing care retirement communities, behavioral healthcare facilities, assisted living facilities, rehabilitation hospitals, and medical/professional offices. These properties are leased to leading healthcare companies and government agencies across the United States.
Dividends – UHT stock dividend
UNIVERSAL HEALTH REALTY has recently announced an increase in its quarterly dividend to $0.725/share, making this the third year in a row that the company has issued an annual dividend per share of 2.87, 2.84, and 2.8 USD respectively. This means that the dividend yields for the years 2021 to 2023 will be 5.88%, 5.32%, and 4.54%, with an average dividend yield of 5.25%. Therefore, those who are interested in dividend stocks may consider UNIVERSAL HEALTH REALTY due to the attractive yield offered. The company is a solid choice for investors seeking to build a portfolio of stocks that provides quality dividends.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for UHT. More…
| Total Revenues | Net Income | Net Margin |
| 95.38 | 17.44 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for UHT. More…
| Operations | Investing | Financing |
| 44.19 | -36.67 | -25.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for UHT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 607.88 | 397.57 | 15.21 |
Key Ratios Snapshot
Some of the financial key ratios for UHT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 33.5% |
| FCF Margin | ROE | ROA |
| – | – | – |
Price History
On Thursday, UNIVERSAL HEALTH REALTY (UHT) announced an increase in its quarterly dividend by four cents to $0.725 per share. The stock opened at $42.1 and closed at $42.0, representing a 0.7% decrease from the previous closing price of $42.3. UNIVERSAL HEALTH REALTY is a real estate investment trust that specializes in the healthcare sector. The company focuses on acquiring, owning, and managing healthcare-related properties located in the United States. The company continues to evaluate opportunities to acquire healthcare-related properties, which could provide long-term value to shareholders through increasing the dividend or engaging in other types of capital returns.
Additionally, UHT is focused on growing its portfolio by engaging in development projects, joint venture projects and strategic partnerships with leading healthcare providers. Overall, the dividend increase indicates the company’s commitment to returning value to its shareholders and its dedication to the healthcare sector. It is likely that the dividend increase will have a positive effect on the stock price of UHT in the near future. Live Quote…
Analysis – UHT Stock Fair Value Calculation
At GoodWhale, we have conducted an in-depth analysis of UNIVERSAL HEALTH REALTY’s fundamentals. Our proprietary Valuation Line has estimated that the intrinsic value of a UNIVERSAL HEALTH REALTY share is around $40.2. Currently, the stock is being traded at $42.0, which is fairly priced but slightly overvalued by 4.4%. Based on our analysis, we recommend that investors should take a wait-and-see approach for the moment. More…
Peers
The company’s portfolio consists of hospitals, medical office buildings, senior housing, and other healthcare-related properties. Physicians Realty Trust is a similar company that also invests in healthcare real estate. Healthcare Trust of America, Inc. is another healthcare real estate investment trust with a portfolio of hospitals, medical office buildings, senior housing, and other healthcare-related properties. Global Medical REIT Inc. is a healthcare real estate investment trust that focuses on owning and leasing net-leased healthcare facilities.
– Physicians Realty Trust ($NYSE:DOC)
As of 2022, Physicians Realty Trust has a market cap of 3.31B. The company is a healthcare real estate investment trust that primarily acquires, owns, manages and develops healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.
– Healthcare Trust of America Inc ($NYSE:GMRE)
Global Medical REIT is a publicly traded real estate investment trust focused on owning and operating properties leased to clinical healthcare providers. As of December 31, 2020, the Company’s portfolio consisted of 126 net-leased medical facilities across the United States. The Company’s portfolio includes medical office buildings, outpatient surgery centers, freestanding emergency departments, specialty hospitals, acute care hospitals, and other healthcare facilities.
Summary
Universal Health Realty Income Trust (UHT) recently announced an increase in its quarterly dividend of 0.7 percent, bringing it up to $0.725 per share. This is a solid move, as it shows the company’s commitment to rewarding shareholders with reliable income. UHT also has a high-quality portfolio of healthcare properties that should continue to provide steady returns for investors. With an attractive yield and solid fundamentals, UHT is an attractive long-term income investment for investors.
