Why This Nearly 13%-Yielding Dividend Could Survive

Shares of Medical Properties Trust (NYSE: MPW) have taken a shellacking over the past 18 months. The hospital real estate investment trust's (REIT's) stock price has plummeted 60% since the start of 2022. Many factors have weighed on the company, including higher interest rates and tenant issues.

That sell-off has pushed the REIT's dividend yield up to nearly 13%. A yield in the double digits is often a sign that the market doesn't believe the payout is sustainable.

However, Medical Properties Trust begs to differ. Here's why the REIT believes it can maintain its payout in a range of inflationary and interest-rate scenarios.

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Source Fool.com