KING OF PRUSSIA, PA — Universal Health Realty Income Trust (NYSE: UHT) has announced an increase in its quarterly dividend. The Board of Trustees voted to raise the dividend by $0.005, bringing it to $0.73 per share. Shareholders of record on June 17, 2024, will receive the dividend on June 28, 2024.
Universal Health Realty Income Trust is a real estate investment trust (REIT) that focuses on healthcare and human service-related facilities. Its portfolio includes acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers, and medical office buildings. The Trust has seventy-six investments across twenty-one states.
The move to raise the dividend signals confidence in the Trust’s financial health and future prospects. Moreover, it highlights the Board’s dedication to rewarding shareholders and maintaining the Trust’s growth trajectory. As healthcare demands continue to rise, Universal Health Realty Income Trust is well-positioned to capitalize on opportunities in the sector, ensuring long-term stability and profitability.
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