U.S. Physical Therapy increases quarterly dividend, sells unit

U.S. Physical Therapy (NYSE:USPH) plans to increase Q3 and Q4 dividends for 2019 by an additional 11% to $0.30 per share from $0.27.

Additionally, the Company has sold its 50% interest in one physical therapy partnership to the group’s founders, for cash proceeds of $11.6M; the practice historically had financially under-performed.

https://seekingalpha.com/news/3475116-u-s-physical-therapy-increases-quarterly-dividend