Universal Health Services, Inc. (NYSE:UHS) Plans $0.20 Quarterly Dividend

Universal Health Services, Inc. (NYSE:UHS) declared a quarterly dividend on Wednesday, July 15th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.20 per share by the health services provider on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, September 1st.

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 dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Universal Health Services to earn $25.37 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 3.2%.

Universal Health Services Stock Performance

Shares of UHS stock opened at $148.38 on Thursday. Universal Health Services has a one year low of $140.08 and a one year high of $246.32. The company’s 50-day moving average is $153.11 and its 200 day moving average is $183.03. The company has a market capitalization of $8.98 billion, a price-to-earnings ratio of 6.18, a price-to-earnings-growth ratio of 0.77 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. The business 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 period last year, the business earned $4.84 EPS. Sell-side analysts expect that Universal Health Services will post 23.44 EPS for the current fiscal 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.