Universal Health Realty Income Trust, Inc. (NYSE:UHT) is included among the 12 Best REIT Dividend Stocks to Buy Now.
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Universal Health Realty Income Trust, Inc. (NYSE:UHT) is a real estate investment trust focused on healthcare and human services-related properties. The company owns 76 properties located in 21 states.
Universal Health Realty Income Trust (NYSE:UHT) is not on the radar for most investors, but its dividend story deserves to be told. Furthermore, the robust cash balance allows it to continue paying dividends for years to come. In the last quarter, the company brought in an operating cash flow of $909 million and finished the quarter with $137.6 million.
Universal Health Realty Income Trust (NYSE:UHT) must pay at least 90% of its taxable income as dividends to maintain its REIT status. Much of the trust’s performance depends on acquiring and managing profitable healthcare properties, navigating changes in healthcare reimbursement regulations, and managing debt successfully to protect earnings – particularly in the face of rising interest rates.
On September 10, Universal Health Realty Income Trust (NYSE:UHT) declared a quarterly dividend of $0.74 per share, which was in line with its previous dividend. All in all, the company has increased its dividends for 41 straight years, which makes it one of the best dividend stocks in the REIT sector. The stock has a dividend yield of 7.59% as of October 1.
While we acknowledge the potential of UHT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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