Reported 2 months ago
Medical Properties Trust, known for its high dividend yield, has cut its payout again following the bankruptcy of its main tenant, Steward Health Care. This follows a previous dividend reduction last year and comes as the REIT struggles with financial pressures and seeks to transition its hospital operations to new operators. Despite efforts to raise liquidity, including selling hospitals, recovery remains uncertain as the company navigates ongoing challenges with its tenants.
Source: YAHOO