2024-02-23 11:13:14 ET
Summary
- Medical Properties Trust's stock price reacted positively to its fourth-quarter earnings despite the lack of FFO guidance for 2024.
- The trust easily covered its reduced dividend of $0.15 and management did not suggest a near-term dividend cut.
- The trust announced the sale of more hospitals and aims to achieve $2.0 billion in liquidity this year.
The stock price of Medical Properties Trust, Inc. ( MPW ) reacted positively to the hospital real estate investment trust's fourth quarter earnings despite management deciding against presenting FFO guidance for 2024....
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Medical Properties Trust: The 16% Yield Is Not As Risky As It Looks