MFCSF - Should You Buy Medical Facilities Corporation And Its 8.1%-Yielding Dividend?
Investment Thesis
Medical Facilities Corporation (MFCSF) (TSX:DR) (“MFC”) owns a portfolio of specialty surgical hospitals and ambulatory surgery centers in the United States. Its recent acquisition of 7 ambulatory surgery centers will allow it to grow its revenue in outpatient surgery services. While its quarterly results may be lumpy, MFC pays an attractive dividend that is well protected. For investors wanting a stable and safe dividend income, MFC is an attractive choice. However, dividend growth investors may want to check other companies as MFC has not raised its dividend since 2012.
Source: Investor