UHS to pay cash dividends to shareholders

The board of King of Prussia, Pa.-based Universal Health Services voted to pay a cash dividend to its shareholders in December.

UHS will pay a dividend of 20 cents per share on Dec. 19 to anyone who holds shares as of Dec. 5.

UHS operates 40 outpatient sites and 354 inpatient hospitals and behavioral health facilities in the U.S.

In the third quarter of 2019, the most recent financial reporting period, UHS reported a 6.6 percent year-over-year revenue increase, to $2.8 billion. The company's acute care hospitals and behavioral healthcare facilities contributed to the revenue growth.

More articles on healthcare finance:

17 latest hospital credit rating downgrades
Mayo Clinic's net income more than doubles to $1.5B
CarePoint issues 2,700 layoff notices, prepares to sell 2 hospitals

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars