Why Universal Health Realty Income Trust (UHT) Stands Out Among REIT Dividend Stocks

Core Viewpoint - Universal Health Realty Income Trust (UHT) is recognized as one of the best REIT dividend stocks to buy, highlighting its strong dividend history and financial stability [1][5]. Group 1: Company Overview - UHT is a real estate investment trust focused on healthcare and human services-related properties, owning 76 properties across 21 states [2]. - The company has a robust cash balance, with an operating cash flow of $909 million in the last quarter and a cash balance of $137.6 million at the end of the quarter [3]. Group 2: Dividend Performance - UHT declared a quarterly dividend of $0.74 per share, consistent with its previous dividend, and has increased its dividends for 41 consecutive years, resulting in a dividend yield of 7.59% as of October 1 [5]. Group 3: REIT Status and Performance Factors - To maintain its REIT status, UHT must distribute at least 90% of its taxable income as dividends, which ties its performance to the acquisition and management of profitable healthcare properties [4]. - The company must navigate changes in healthcare reimbursement regulations and manage debt effectively, especially in the context of rising interest rates [4].