Universal Health Services Inc Reports Share Price Decline

Universal Health Services Inc, a healthcare provider in the US, UK, and Puerto Rico, has experienced a decline in its share price despite a positive day for the S&P 500.

The company’s stock price has been affected by recent Medicaid cuts. In response, BofA Securities has downgraded its stock rating.

Quarterly Dividend Payment Announced

Universal Health Services Inc has announced a quarterly dividend payment of $0.20 per share. The dividend will be paid to shareholders in September.

Impact of Medicaid Cuts Remains a Concern

The company’s business remains impacted by Medicaid cuts, which is a concern for the company’s future performance.