The board of King of Prussia, Pa.-based Universal Health Services voted to pay a cash dividend to its shareholders in December.
UHS will pay a dividend of 20 cents per share on Dec. 19 to anyone who holds shares as of Dec. 5.
UHS operates 40 outpatient sites and 354 inpatient hospitals and behavioral health facilities in the U.S.
In the third quarter of 2019, the most recent financial reporting period, UHS reported a 6.6 percent year-over-year revenue increase, to $2.8 billion. The company's acute care hospitals and behavioral healthcare facilities contributed to the revenue growth.
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