2024-03-05 10:27:30 ET
Summary
- Medical Properties Trust has continued to disappoint equity investors, who followed the notion of "buy when there is blood in the streets".
- Back in late 2023, I issued a thesis in which I recommended opting for MPW's bond over equity position. This has played out nicely.
- While the case still remains intact after additional negative news around Steward, the equity is starting to get more and more interesting.
- In this article, I outline several small but important details on the Q4 earning package, explain why I think MPW will have to cut its dividend yet again, and when to enter bonds and equity.
Late last year, I issued a strategic piece on Medical Properties Trust ( 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....
Read the full article on Seeking Alpha
For further details see:
Medical Properties Trust: The Dividend Will Likely Get Cut, But Bonds Are Still Attractive