The board of directors at King of Prussia, Pa.-based Universal Health Services has approved a cash dividend to shareholders.
UHS will pay the dividend of $0.05 per share on Sept. 17 to anyone who holds shares as of Sept. 3.
This will be the third cash dividend paid to UHS shareholders in the past year and a half. UHS doled out dividends in December 2012 and this past March.
As of March 31, UHS owned or operated 23 acute-care hospitals, but most of its business comes from its 197 behavioral health centers. So far in 2013, UHS' stock has grown almost 35 percent, from $49.69 per share in January to $67.82 per share this month. In June, its shares were trading as high as $71.20.
UHS will report second-quarter earnings next week.
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