Is Medical Properties Trust a Safe Dividend Stock in 2024?

This process has gone awry for Medical Properties. It has a total of $10.1 billion in debt. In the first quarter, its revenue of $271.3 million was larger than its total expenses, including interest, of $222.4 million. But between 2025 and the end of 2027, 62% of its debt load will be due, which means that its repayment costs will soar when it has to refinance that debt. To make matters much worse, its largest tenant, Steward Health Care, which is responsible for around 20% of its rental revenue, declared b ...