Universal Health Realty Income Trust: Growing FFO, But Interest Expense Concerns Remain

Luis Alvarez Introduction Universal Health Realty Income Trust (NYSE:UHT) owns healthcare related facilities like medical offices and hospitals. Over the years, the company has had an exceptional record of paying a growing dividend to shareholders. With the company having just reported its second quarter results for the year, while rental revenues and FFO grew, I have concerns about dividend growth going forward given a higher payout ratio and interest rate swaps set to expire later this year. In this artic ...