After a Couple of Deep Cuts in Recent Years, This 7%-Yielding Dividend Is Getting Healthier and Could Start Heading Higher in 2025 and Beyond

Medical Properties Trust (MPW 3.94%) has experienced a series of setbacks in recent years. Several tenants ran into financial troubles, which impacted their ability to pay rent. On top of that, interest rates surged, affecting the company's ability to refinance maturing debt at acceptable rates. As a result, the real estate investment trust (REIT) has had to cut its dividend twice over the past couple of years, slashing it from $0.29 per share each quarter to the current rate of $0.08 per share. These issue ...