Reported 6 months ago
The article discusses the possibility of another dividend cut for Medical Properties Trust (NYSE: MPW), a real estate investment trust, due to its exceptionally high dividend yield of nearly 15%, which is far above the S&P 500 average. The company has faced challenges with rent collection, particularly from a major tenant, Steward Health, which recently filed for bankruptcy and announced the sale of its hospitals. This situation has raised uncertainty about the sustainability of MPW's dividend, especially considering its significant debt load and financial performance impacted by Steward. Investors are advised to proceed cautiously with the stock due to the risks involved.
Source: YAHOO