Medical Properties Trust: The Dividend Will Likely Get Cut, But Bonds Are Still Attractive
MPWMedical Properties Trust(MPW) Seeking Alpha·2024-03-05 23:27

Andrii Yalanskyi Late last year, I issued a strategic piece on Medical Properties Trust (NYSE:MPW) - Medical Properties Trust: Outlining An Optimal Way To Capture Double-Digit Yield - which has, against all odds and fresh negative news, played out very nicely. Here is a very synthesized reminder on the underlying thesis: Despite the attractive valuations and optically sound dividend coverage, taking equity exposure entails too excessive risk due to total uncertainty on Steward and Prospect. Instead, going l ...