Universal Health Services (UHS) will raise its quarterly dividend by 100.0 percent to $0.10 per share in 2014. This marks the company's first dividend hike since 2010.

The next dividend will be paid on September 16, 2014 to shareholders of record as of September 2, 2014.  The new annual rate now is 40 cents per share.

Universal Health Services, Inc. operates inpatient acute care hospitals and behavioral health facilities and outpatient and other facilities located in 37 states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (UHT). Universal Health Services is headquartered in King of Prussia, PA and has paid a dividend every year since 2003.