Universal Health Services (UHS) will double its quarterly dividend to $0.10 per share in 2019. This is the first time since 2014 that the company hikes its dividend.
The next dividend will be paid on September 16, 2019 to shareholders of record as of September 3, 2019. A new annual rate of 80 cents per share yields 0.5% at a stock price of $151.89.
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.
2021