Universal Health Realty Income Trust

UHT38 yrs growth

Real Estate · REIT - Healthcare Facilities · Stock · quarterly payer

$37.87

Undervalued · +57% Add to Portfolio

Forward Yield

8.16%

Annual Dividend

$3.00

Payout Ratio

214%

5-Yr Growth

1.4%

Ex-Date

Sep 21, 2026

Frequency

Quarterly

Key facts about UHT's dividend

Data as of Oct 30, 2026 · Source: SmarterDividends data

As of Oct 30, 2026, Universal Health Realty Income Trust (UHT) has a forward dividend yield of 8.16%, based on an annual dividend of $3.00 per share and a share price of $37.87.
As of Oct 30, 2026, UHT's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Universal Health Realty Income Trust (UHT) has raised its dividend for 38 consecutive years as of Oct 30, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
UHT has never cut its regular dividend in the payment history SmarterDividends has on record.
UHT's most recent ex-dividend date was Sep 21, 2026, for a dividend of $0.75 per share.
As of Oct 30, 2026, UHT pays out 214% of its trailing 12-month earnings as dividends (its payout ratio).
UHT's dividend has grown at an average rate of 1.4% a year over the past five years.
As of Oct 30, 2026, UHT's 8.16% yield is 31% above its five-year average yield of 6.22%.
As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for UHT is $59.38 per share, 57% above the $37.87 share price, so UHT screens as undervalued.
Universal Health Realty Income Trust (UHT) pays its dividend quarterly, 4 times a year.
Universal Health Realty Income Trust (UHT) has raised its regular dividend 68 times and cut it 0 times across the 159 payments on record since 1987. Its most recent change was a 0.7% increase to $0.750 per share, going ex-dividend on Jun 22, 2026.

Cite this page

SmarterDividends, "UHT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/UHT

Summary

As of Oct 30, 2026, Universal Health Realty Income Trust (UHT) yields 8.16% ($3.00 a year per share), has a dividend safety grade of A (82/100) and has 38 consecutive years of dividend increases on record.

Is UHT a good dividend stock?

Yes

Universal Health Realty Income Trust (UHT) pays a quarterly dividend yielding 8.16% ($3.00/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Dividend Aristocrat — 38 consecutive years of growth
Never cut its dividend on record
Top-tier dividend safety score

Risks

Elevated payout ratio (214%)
Very high yield can signal elevated risk
Share price is down over the past 5 years

Key Data

Dividend Yield: 8.16%
Payout Ratio: 214%
Annual Dividend: $3.00
5-Yr Avg Growth: 1.4%
Ex-Dividend Date: Sep 21, 2026
Years of Growth: 38
Frequency: quarterly
Beta: 0.85
Market Cap: $526.4M
P/E Ratio: 26.1
5-Yr Total Return: -32%
52-Week Range: $35.69 – $46.30
Dividend Safety: A · 82/100
Ever Cut?: No

UHT dividend raises and cuts

Universal Health Realty Income Trust (UHT) has raised its regular dividend 68 times and cut it 0 times across the 159 payments on record since 1987. Its most recent change was a 0.7% increase to $0.750 per share, going ex-dividend on Jun 22, 2026.

Ex-date	Change	Old → new	Move
Jun 22, 2026	Raise	$0.745 → $0.750	+0.7%
Dec 22, 2025	Raise	$0.740 → $0.745	+0.7%
Jun 23, 2025	Raise	$0.735 → $0.740	+0.7%
Dec 16, 2024	Raise	$0.730 → $0.735	+0.7%
Jun 17, 2024	Raise	$0.725 → $0.730	+0.7%
Dec 18, 2023	Raise	$0.720 → $0.725	+0.7%
Jun 16, 2023	Raise	$0.715 → $0.720	+0.7%
Dec 15, 2022	Raise	$0.710 → $0.715	+0.7%
Jun 16, 2022	Raise	$0.705 → $0.710	+0.7%
Dec 14, 2021	Raise	$0.700 → $0.705	+0.7%
Jun 15, 2021	Raise	$0.695 → $0.700	+0.7%
Dec 16, 2020	Raise	$0.690 → $0.695	+0.7%

Show all 68 changes since 1987

Ex-date	Change	Old → new	Move
Jun 15, 2020	Raise	$0.685 → $0.690	+0.7%
Dec 17, 2019	Raise	$0.680 → $0.685	+0.7%
Jun 21, 2019	Raise	$0.675 → $0.680	+0.7%
Dec 18, 2018	Raise	$0.670 → $0.675	+0.7%
Jun 22, 2018	Raise	$0.665 → $0.670	+0.8%
Dec 15, 2017	Raise	$0.660 → $0.665	+0.8%
Jun 15, 2017	Raise	$0.655 → $0.660	+0.8%
Dec 14, 2016	Raise	$0.650 → $0.655	+0.8%
Jun 16, 2016	Raise	$0.645 → $0.650	+0.8%
Dec 17, 2015	Raise	$0.640 → $0.645	+0.8%
Jun 15, 2015	Raise	$0.635 → $0.640	+0.8%
Dec 15, 2014	Raise	$0.630 → $0.635	+0.8%
Jun 19, 2014	Raise	$0.625 → $0.630	+0.8%
Jun 13, 2013	Raise	$0.620 → $0.625	+0.8%
Dec 13, 2012	Raise	$0.615 → $0.620	+0.8%
Jun 14, 2012	Raise	$0.610 → $0.615	+0.8%
Dec 15, 2011	Raise	$0.605 → $0.610	+0.8%
Jun 14, 2010	Raise	$0.600 → $0.605	+0.8%
Dec 14, 2009	Raise	$0.595 → $0.600	+0.8%
Jun 12, 2009	Raise	$0.590 → $0.595	+0.8%
Dec 11, 2008	Raise	$0.585 → $0.590	+0.9%
Jun 12, 2008	Raise	$0.580 → $0.585	+0.9%
Dec 13, 2007	Raise	$0.575 → $0.580	+0.9%
Jun 13, 2007	Raise	$0.570 → $0.575	+0.9%
Dec 13, 2006	Raise	$0.565 → $0.570	+0.9%
Jun 13, 2006	Raise	$0.560 → $0.565	+0.9%
Dec 14, 2005	Raise	$0.555 → $0.560	+0.9%
May 12, 2005	Raise	$0.505 → $0.555	+9.9%
Dec 14, 2004	Raise	$0.500 → $0.505	+1.0%
Jun 14, 2004	Raise	$0.495 → $0.500	+1.0%
Dec 15, 2003	Raise	$0.490 → $0.495	+1.0%
Jun 12, 2003	Raise	$0.485 → $0.490	+1.0%
Dec 13, 2002	Raise	$0.480 → $0.485	+1.0%
Jun 12, 2002	Raise	$0.475 → $0.480	+1.1%
Dec 13, 2001	Raise	$0.470 → $0.475	+1.1%
Sep 17, 2001	Raise	$0.465 → $0.470	+1.1%
Dec 13, 2000	Raise	$0.460 → $0.465	+1.1%
Jun 13, 2000	Raise	$0.455 → $0.460	+1.1%
Sep 13, 1999	Raise	$0.450 → $0.455	+1.1%
Mar 11, 1999	Raise	$0.445 → $0.450	+1.1%
Dec 14, 1998	Raise	$0.440 → $0.445	+1.1%
Sep 14, 1998	Raise	$0.435 → $0.440	+1.1%
Mar 12, 1998	Raise	$0.425 → $0.435	+2.4%
Jun 12, 1996	Raise	$0.420 → $0.425	+1.2%
Dec 9, 1994	Raise	$0.415 → $0.420	+1.2%
Mar 9, 1993	Raise	$0.410 → $0.415	+1.2%
Jun 9, 1992	Raise	$0.400 → $0.410	+2.5%
Mar 10, 1992	Raise	$0.395 → $0.400	+1.3%
Dec 10, 1991	Raise	$0.390 → $0.395	+1.3%
Sep 10, 1991	Raise	$0.380 → $0.390	+2.6%
Jun 10, 1991	Raise	$0.375 → $0.380	+1.3%
Mar 11, 1991	Raise	$0.370 → $0.375	+1.4%
Sep 11, 1989	Raise	$0.360 → $0.370	+2.8%
Mar 9, 1989	Raise	$0.350 → $0.360	+2.9%
Sep 9, 1988	Raise	$0.340 → $0.350	+2.9%
Dec 11, 1987	Raise	$0.330 → $0.340	+3.0%

Every UHT payment →Download every raise and cut (CSV)

UHT ex-dividend date & scheduleNext ex-date Sep 21, 2026 · full ex-dividend historyView →UHT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is UHT a good dividend stock?

Yes. Universal Health Realty Income Trust (UHT) pays a quarterly dividend yielding 8.16% ($3.00/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is UHT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UHT's fair value is about $59.38 versus a $37.87 share price — so it looks undervalued (+57% vs. fair value).

Is UHT's dividend safe?

UHT has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 38-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is UHT's fair value?

Our blended fair-value estimate for UHT is about $59.38 per share, roughly 57% above the current $37.87 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UHT a buy, hold, or sell?

We don't issue formal ratings, but on the data UHT screens as "yes" and undervalued. Universal Health Realty Income Trust (UHT) pays a quarterly dividend yielding 8.16% ($3.00/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will UHT cut its dividend?

UHT earns a dividend-safety grade of A (82/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UHT pay a dividend?

Yes. Universal Health Realty Income Trust pays a quarterly dividend of about $3.00 per share annually, a forward yield of roughly 8.16%.

What is UHT's dividend yield?

As of Oct 30, 2026, UHT's forward dividend yield is 8.16%, based on a $3.00 annual dividend and a $37.87 share price.

What is UHT's dividend per share?

As of Oct 30, 2026, UHT pays $3.00 per share per year, distributed on a quarterly basis.

What is UHT's dividend payout ratio?

As of Oct 30, 2026, UHT's payout ratio is 214% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has UHT grown its dividend?

As of Oct 30, 2026, UHT has increased its dividend for 38 consecutive years.

When is the next UHT ex-dividend date?

As of Oct 30, 2026, UHT's next ex-dividend date hasn't been announced. The most recent was Sep 21, 2026, for $0.75 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full UHT dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 21, 2026	Sep 30, 2026	$0.7500	regular
Jun 22, 2026	Jun 30, 2026	$0.7500	regular
Mar 23, 2026	Mar 31, 2026	$0.7450	regular
Dec 22, 2025	Dec 31, 2025	$0.7450	regular
Sep 22, 2025	Sep 30, 2025	$0.7400	regular
Jun 23, 2025	Jun 30, 2025	$0.7400	regular
Mar 24, 2025	Mar 31, 2025	$0.7350	regular
Dec 16, 2024	Dec 31, 2024	$0.7350	regular
Sep 16, 2024	Sep 30, 2024	$0.7300	regular
Jun 17, 2024	Jun 28, 2024	$0.7300	regular
Mar 15, 2024	Mar 29, 2024	$0.7250	regular
Dec 18, 2023	Dec 29, 2023	$0.7250	regular
Sep 18, 2023	Sep 29, 2023	$0.7200	regular
Jun 16, 2023	Jun 30, 2023	$0.7200	regular