U.S. Physical Therapy, Inc. (NYSE:USPH) to Issue $0.46 Quarterly Dividend

Key Points

• U.S. Physical Therapy declared a quarterly dividend of $0.46 per share, payable September 11 to shareholders of record on August 21. The dividend yields approximately 2.4% annually, and the company has increased its payout for six consecutive years.
• The dividend appears adequately covered, with a current payout ratio of 62.4% and an expected future payout ratio of 53.2% based on projected earnings.
• In its latest quarter, the company reported $214.06 million in revenue, up 8.5% year over year and above estimates, but earnings per share of $0.75 missed the $0.81 consensus forecast.

U.S. Physical Therapy, Inc. (NYSE:USPH - Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, August 21st will be given a dividend of 0.46 per share on Friday, September 11th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, August 21st.

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 annually for the last 6 consecutive years. U.S. Physical Therapy has a payout ratio of 62.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect U.S. Physical Therapy to earn $3.46 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 53.2%.

U.S. Physical Therapy Trading Up 1.9%

Shares of USPH opened at $77.33 on Thursday. The stock has a market cap of $1.18 billion, a PE ratio of 154.67, a price-to-earnings-growth ratio of 2.10 and a beta of 1.13. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.41. U.S. Physical Therapy has a 52-week low of $58.19 and a 52-week high of $93.50. The firm's fifty day moving average is $69.62 and its two-hundred day moving average is $74.26.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.06). U.S. Physical Therapy had a net margin of 4.36% and a return on equity of 8.81%. The firm had revenue of $214.06 million for the quarter, compared to analyst estimates of $211.36 million. During the same period in the previous year, the firm posted $0.81 EPS. The company's revenue was up 8.5% compared to the same quarter last year. Research analysts forecast that U.S. Physical Therapy will post 2.99 earnings per share for the current fiscal year.

U.S. Physical Therapy Company Profile

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.

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