Reported 1 day ago
Medical Properties Trust (MPW) experienced an 11.28% increase in stock price to $5.13 per share on Friday, following the ex-dividend date for its upcoming quarterly dividend payment of 8 cents per share on October 9. Despite a 9.77% decline in total revenues year-on-year, the company significantly reduced its net loss by 69% in the second quarter. Recently, MPW secured a $45 million annual lease agreement with NOR Healthcare Systems and committed to financing seismic improvements that could enhance rental income.
Source: YAHOO