Medical Properties Trust: Cash Flow Concerns Persist

Seiya Tabuchi Introduction Medical Properties Trust (NYSE:MPW) is a real estate investment trust that specializes in the ownership of medical care facilities. The company has been under stress as poor operating performance and high leverage have created issues. Back in 2022, I warned investors against investing in the company for the dividend. More recently, I have downgraded the company's high-yield debt to a hold as the uncertainties continue to mount. Now, following another dividend cut and more write-do ...