Universal Health Realty Income Trust $(UHT)$ reported its financial results for the three-month period ended June 30, 2025. The company's net income for this period was $4.5 million, or $0.32 per diluted share, compared to $5.3 million, or $0.38 per diluted share, in the same quarter of 2024. This represents a decrease in net income of $784,000, or $0.06 per diluted share, primarily due to a property tax reduction recorded in the second quarter of 2024, an increase in interest expense, and a net decrease in income generated at various properties. For the first half of 2025, UHT's net income decreased by $1.3 million, or $0.09 per diluted share, compared to the same period in 2024. This decline resulted from similar factors affecting the second quarter results, including the prior year's property tax reduction, a net decrease in income from properties, and increased interest expenses. The second quarter dividend of $0.74 per share, totaling $10.3 million, was declared on June 11, 2025, and paid on June 30, 2025. UHT maintains a $425 million credit agreement, with $70.2 million of available borrowing capacity as of June 30, 2025. The trust focuses on investments in healthcare and human-service related facilities and holds investments in 76 properties across 21 states.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UHT - Universal Health Realty Income Trust published the original content used to generate this news brief via PR Newswire (Ref. ID: PH39021) on July 28, 2025, and is solely responsible for the information contained therein.
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