U.S. Physical Therapy, Inc.
USPHHealthcare · Stock · quarterly payer
Forward Yield
2.35%
Annual Dividend
$1.84
Payout Ratio
1071%
5-Yr Growth
7.1%
Ex-Date
Aug 21, 2026
Frequency
Quarterly
Summary
As of August 2026, U.S. Physical Therapy, Inc. (USPH) yields 2.35% ($1.84 per share annually), with a blended fair-value estimate of $41.33 — -49% downside, so it screens as overvalued. Dividend safety grade: B (75/100). 14 years of dividend growth.
Is USPH a good dividend stock?
YesU.S. Physical Therapy, Inc. (USPH) pays a quarterly dividend yielding 2.35% ($1.84/yr), with 14 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 7.1% 5-yr dividend growth
Risks
- Elevated payout ratio (1071%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.35%
- Payout Ratio
- 1071%
- Annual Dividend
- $1.84
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Aug 21, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 1.13
- Market Cap
- $1.2B
- P/E Ratio
- 465.9
- 5-Yr Total Return
- -27%
- 52-Week Range
- $58.19 – $93.50
- Dividend Safety
- B · 75/100
- Ever Cut?
- No
Frequently Asked Questions
USPH Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
-11%
5 Years
-27%
52-Week Range
$58.19 – $93.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is USPH worth?
Overvaluedmedium confidenceOur blended fair-value estimate for U.S. Physical Therapy, Inc. is $41.33 per share, versus a market price of $81.24. That implies 49% of downside.
Fair Value
$41.33
Current Price
$81.24
Downside
-49%
Margin of Safety
-97%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 15.8% annual free-cash-flow growth. We model 6.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.9% discount rate (CAPM), 6.6% stage-1 growth, 2.5% terminal growth, $0.17 EPS, $1.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
USPH Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.4600 | regular |
| Mar 13, 2026 | — | $0.4600 | regular |
| Nov 17, 2025 | — | $0.4500 | regular |
| Aug 22, 2025 | — | $0.4500 | regular |
| May 23, 2025 | — | $0.4500 | regular |
| Mar 14, 2025 | — | $0.4500 | regular |
| Nov 15, 2024 | — | $0.4400 | regular |
| Aug 23, 2024 | — | $0.4400 | regular |
| May 22, 2024 | — | $0.4400 | regular |
| Mar 11, 2024 | — | $0.4400 | regular |
| Nov 15, 2023 | — | $0.4300 | regular |
| Aug 17, 2023 | — | $0.4300 | regular |
| May 17, 2023 | — | $0.4300 | regular |
| Mar 9, 2023 | — | $0.4300 | regular |
Income Calculator
At $1.84 / yr per share
