KING OF PRUSSIA, PA — Universal Health Realty Income Trust (NYSE: UHT) said it will pay a quarterly dividend of $0.745 per share on March 31 to shareholders of record as of March 23.
The company announced the dividend Wednesday, continuing its long-standing practice of regular shareholder payouts.
Universal Health Realty Income Trust is a real estate investment trust focused on healthcare and human service facilities, including hospitals, behavioral health centers, and medical office buildings.
The trust operates a portfolio of 77 investments across 21 states, according to the company.
For 2025, the company reported net income of $17.6 million, or $1.27 per diluted share, and funds from operations of $47.7 million, or $3.44 per diluted share.
Total revenue for the year was approximately $99.2 million.
The company said its strategy includes long-term leasing arrangements and joint ventures across medical office buildings, acute care hospitals, rehabilitation facilities, and specialty healthcare properties.
In February, the trust began construction on an 80,000-square-foot medical office building in Palm Beach Gardens, Florida, with an estimated cost of $34 million.
A subsidiary of Universal Health Services Inc. has pre-leased about 75% of the space, with completion expected in the fourth quarter of 2026.
The company maintains a significant relationship with Universal Health Services, which serves as both an advisor and a major tenant.
The trust also said it is working to re-lease vacant properties, including locations in Amarillo, Texas, as part of efforts to stabilize income.
Universal Health Realty Income Trust has operated since 1986 and is headquartered in King of Prussia.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.