Medical Properties Trust: 2 Victories In 1 Week (Rating Upgrade)
MPWMedical Properties Trust(MPW) Seeking Alpha·2024-04-15 19:04

JamesBrey The investment proposition for Medical Properties Trust (NYSE:MPW) has significantly improved last week as the hospital REIT announced a major asset sale which is set to lead to significant cash inflows. Separately, Medical Properties announced the payment of a 0.15persharequarterlydividendwithapaydateofMay1,2024.Thedividendannouncement,pairedwithanewmajorassetsalethatbringsyeartodatedivestmentstomorethan0.15 per-share quarterly dividend with a pay date of May 1, 2024. The dividend announcement, paired with a new major asset sale that brings year-to-date divestments to more than 1.6B, reduced negative investment sentiment last week, with ...