Universal Health Services, Inc. (UHS) To Go Ex-Dividend on June 8th

Universal Health Services, Inc. (NYSE:UHS) declared a quarterly dividend on Wednesday, May 27th. Shareholders of record on Monday, June 8th will be paid a dividend of 0.20 per share by the health services provider on Thursday, June 18th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 8th.

Universal Health Services has increased its dividend by an average of 0.3%per year over the last three years. Universal Health Services has a payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Universal Health Services to earn $25.40 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 3.1%.

Universal Health Services Trading Up 1.7%

Shares of UHS stock opened at $145.14 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The firm has a market cap of $8.79 billion, a PE ratio of 6.05, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The company has a 50-day moving average of $169.69 and a two-hundred day moving average of $199.34. Universal Health Services has a 1-year low of $140.76 and a 1-year high of $246.32.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, topping the consensus estimate of $5.41 by $0.21. The company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.39 billion. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. Universal Health Services’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm posted $4.84 earnings per share. On average, analysts predict that Universal Health Services will post 23.47 EPS for the current year.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.