Reported about 2 months ago
Medical Properties Trust has recently slashed its dividend payout significantly due to the bankruptcy of its primary tenant, Steward Health Care. With ongoing financial issues related to this tenant, including a contentious relationship and legal disputes, investors focused on income should refrain from purchasing this REIT until it stabilizes its financial situation and eliminates its exposure to Steward. The company's future intentions project a stronger financial profile post-Steward, which could lead to more sustainable dividends.
Source: YAHOO