Medical Properties Trust: I Was Wrong (Downgrade)
Medical Properties Trust(MPW) Seeking Alpha·2024-08-23 07:58
Franck-Boston/iStock via Getty Images Medical Properties Trust, Inc. (NYSE:MPW) reported $700 million in impairments for the second quarter, and the hospital real estate investment trusts announced that in order to preserve liquidity it would pay a dividend moving forward not exceeding $0.08 per share. Thus, management effectively capped its dividend at $0.08 per share, which reflects a 46.7% decline to the present dividend of $0.15 per share per quarter. Medical Properties Trust is also suffering a decline ...