This Ultra-High-Yield Dividend Stock's Biggest Headwind is About to Become a Massive Tailwind
MPWMedical Properties Trust(MPW) fool.com·2024-05-19 17:18

Medical Properties Trust expects to replace its troubled top tenant over the coming months. Medical Properties Trust (MPW -2.15%) stock has gotten clobbered over the past few years. Shares are down nearly 80% from their peak in 2022. That has driven its dividend yield up to over 10%, even after it cut its payout by nearly half last year. The biggest weight on its stock has been the financial troubles of top tenant Steward Health Care, which recently filed for bankruptcy. However, the healthcare REIT's relat ...