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

Universal Health Services, Inc. (NYSE:UHS) announced 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 0.5%. The ex-dividend date of this dividend is Monday, June 8th.

Universal Health Services has raised its dividend payment 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. Research analysts expect Universal Health Services to earn $25.28 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 NYSE:UHS opened at $154.52 on Thursday. The firm has a market capitalization of $9.35 billion, a PE ratio of 6.44, a P/E/G ratio of 0.75 and a beta of 1.13. 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 business has a 50-day moving average of $175.68 and a two-hundred day moving average of $203.13. Universal Health Services has a 12 month low of $152.33 and a 12 month high of $246.32.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS 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 return on equity of 19.57% and a net margin of 8.56%.The firm’s revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm posted $4.84 earnings per share. As a group, research analysts forecast that Universal Health Services will post 23.34 earnings per share for the current year.

About Universal Health Services

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.