U.S. Physical Therapy, Inc. (USPH) to Issue Quarterly Dividend of $0.46 on April 10th

U.S. Physical Therapy, Inc. (NYSE:USPH) declared a quarterly dividend on Tuesday, February 24th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.46 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, March 13th. This is a 2.2% increase from U.S. Physical Therapy’s previous quarterly dividend of $0.45.

U.S. Physical Therapy has raised its dividend by an average of 0.4%per year over the last three years and has raised its dividend every year for the last 6 years. U.S. Physical Therapy has a payout ratio of 62.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect U.S. Physical Therapy to earn $2.93 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 62.8%.

U.S. Physical Therapy Stock Performance

Shares of USPH opened at $79.88 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.32. The firm has a market cap of $1.21 billion, a PE ratio of 56.25, a P/E/G ratio of 2.03 and a beta of 1.30. U.S. Physical Therapy has a 12 month low of $62.77 and a 12 month high of $93.50. The stock has a fifty day moving average price of $83.80 and a 200-day moving average price of $82.29.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Thursday, February 26th. The company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. U.S. Physical Therapy had a return on equity of 8.75% and a net margin of 5.07%.The firm had revenue of $202.73 million for the quarter, compared to the consensus estimate of $200.10 million. During the same period in the previous year, the business earned $0.51 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Equities research analysts predict that U.S. Physical Therapy will post 2.67 earnings per share for the current fiscal year.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.