What Is the Dividend Payout for Medical Properties Trust?
Real estate investment trusts (REITs) tend to offer higher dividend yields. Medical Properties Trust (NYSE: MPW) is certainly no exception. The healthcare REIT currently has an eye-popping dividend yield of over 12%. That's nearly 10 times higher than the S 500's dividend yield (around 1.3%).
Here's a closer look at the healthcare REIT's monster yield and whether investors can bank on that big-time payout.
In late May, Medical Properties Trust declared its most recent quarterly dividend payment of $0.15 per share ($0.60 annually). With the REIT's stock price recently below $5 per share, it had a dividend yield of more than 12%. That's significantly above average, even for the higher-yielding REIT sector, where the average is over 4%.
Source Fool.com
