1 Sickly Dividend Stock to Avoid Like the Plague Right Now (and 2 Much Healthier Ones to Buy Instead)
Medical Properties Trust (NYSE: MPW) currently offers a 12.5% dividend yield. However, as alluring as that dividend might seem, income-focused investors should avoid it like the plague. That's because the healthcare REIT might not be able to sustain its payout much longer.
Instead, income-seeking investors should focus their attention on healthier dividend stocks. Johnson Johnson (NYSE: JNJ) and Community Healthcare Trust (NYSE: CHCT) currently stand out as much safer options.
Medical Properties Trust is one of my larger holdings. I've owned shares of the healthcare REIT for over a decade. A big driver has been its above-average and steadily rising dividend.
Source Fool.com
