The New-Look Medical Properties Trust Is Starting to Come Into Focus. Is It Time to Buy for Dividend Income?

The past several years have been very challenging for Medical Properties Trust (NYSE: MPW). Tenant issues and higher interest rates have put pressure on its financials. That has weighed heavily on its stock, which has lost more than 80% of its value from the peak a few years ago. However, the hospital-focused real estate investment trust (REIT) has worked hard to address its problems. It has reshaped its portfolio, tenant base, and balance sheet to put itself on a much more sustainable foundation for the future. Here's a look at the healthcare REIT and what it means for its high-yielding dividend.Medical Properties Trust's management team discussed the company's transformation on its third-quarter conference call. CEO Edward Aldag started by proclaiming, "The big news during the quarter was our global settlement with Steward and its creditors that enabled us to take back control of our real estate and sever our relationship with Steward." Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool