Universal Health Realty Income Trust Reports 2011 Second Quarter Financial ... MarketWatch (press release)

22.07.11

Announced today that for the quarter ended June 30, 2011, net income was $3.7 million, or $.29 per diluted share, as compared to $4.3 million, or $.35 per diluted share, during the same quarter in the prior year. For the six-month period ended June 30, 2011, net income was $7.8 million, or $.62 per diluted share, as compared to $8.8 million, or $.73 per diluted share during the comparable six-month period of the prior year.

Funds from operations ("FFO") were $7.9 million, or $.63 per diluted share, during the second quarter of 2011 as compared to $8.3 million, or $.69 per diluted share, during the comparable quarter of the prior year. For the six-month period ended June 30, 2011, FFO were $16.2 million, or $1.28 per diluted share, as compared to $16.8 million, or $1.39 per diluted share during the comparable six-month period of the prior year.

The second quarter dividend of $.605 per share was paid on June 30, 2011. At June 30, 2011, our shareholders' equity was $138.2 million and our liabilities for borrowed funds were $86.5 million, including mortgage debt of consolidated entities, which is non-recourse to us, totaling $14.8 million. There were no shares issued pursuant to our at-the-market equity issuance program ("ATM Program") during the first six months of 2011.

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