This Beaten-Down Ultra-High-Yield Dividend Stock Is Finally Putting Its Biggest Problem in the Past. Is it Time to Buy?
Medical Properties Trust(MPW) The Motley Fool·2024-09-13 08:31
Medical Properties Trust has replaced Steward at 15 locations. Medical Properties Trust (MPW 16.18%) has battled a barrage of issues over the past couple of years. The biggest problem has been the financial issues of its top tenant, Steward Health Care. The bankrupt hospital owner has struggled to pay rent, which is one of the factors that forced the real estate investment trust (REIT) to cut its dividend twice in the last two years. Even with those deep cuts, the REIT still offers a dividend yield above 6% ...