5 Safe Dividend Stocks with Over 4% Yield

In this article, we discuss 5 safe dividend stocks with over 4% yield. If you want to read our detailed analysis of dividend stocks and their performance, go directly to read 10 Safe Dividend Stocks with Over 4% Yield. 

5. Universal Health Realty Income Trust (NYSE:UHT)

Dividend Yield as of August 16: 5.04%

Universal Health Realty Income Trust (NYSE:UHT) reported revenue of $22.1 million in Q2 2022, presenting a 6.2% year-over-year growth. The company reported enough cash at the end of the quarter to fulfill its shareholder obligation. It had $132.6 million available in cash and cash equivalents, up from $115.3 million at the end of December. Moreover, its total assets amounted to over $2.4 billion.

Universal Health Realty Income Trust (NYSE:UHT) holds the second-longest dividend growth streak in the REIT sector, raising its dividends consistently for the past 37 years. The company pays a dividend of $0.71 per share every quarter, with a dividend yield of 5.04%, as of August 16.

At the end of Q1 2022, 5 hedge funds tracked by Insider Monkey held investments in Universal Health Realty Income Trust (NYSE:UHT), worth nearly $20 million. In the previous quarter, 7 hedge funds owned stakes in the company with a total value of over $22 million. Renaissance Technologies was the company’s leading stakeholder at the end of March 2022.