Universal Health Servs: Dividend Insights
Portfolio Pulse from Benzinga Insights
Universal Health Services (NYSE:UHS) announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning UHS stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on June 15, 2023.
May 26, 2023 | 2:47 pm
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NEUTRAL IMPACT
Universal Health Services announced a 20 cents per share quarterly dividend, with the ex-dividend date set for Wednesday. Eligible shareholders will receive the payout on June 15, 2023.
The announcement of a dividend payout is generally a positive signal for investors, but the stock will likely trade lower to reflect the payout on the ex-dividend date. This news is directly related to UHS and is important for investors who own the stock or are considering purchasing it before the ex-dividend date. However, the short-term impact on the stock price is neutral, as the price adjustment is expected and already factored in by the market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100