Medical Properties Trust, Inc. (MPT) to Issue Quarterly Dividend of $0.09 on April 9th

Medical Properties Trust, Inc. (NYSE:MPT) announced a quarterly dividend on Thursday, February 12th. Stockholders of record on Thursday, March 12th will be given a dividend of 0.09 per share by the real estate investment trust on Thursday, April 9th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Thursday, March 12th.

Medical Properties Trust has decreased its dividend payment by an average of 0.2%per year over the last three years. Medical Properties Trust has a dividend payout ratio of 211.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Medical Properties Trust to earn $0.62 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 58.1%.

Medical Properties Trust Stock Performance

MPT opened at $5.51 on Tuesday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.63 and a current ratio of 2.63. Medical Properties Trust has a 12 month low of $3.95 and a 12 month high of $6.47. The company has a market capitalization of $3.29 billion, a P/E ratio of -11.97 and a beta of 1.39.

Medical Properties Trust (NYSE:MPT) last issued its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The business had revenue of $270.34 million for the quarter. Medical Properties Trust had a negative net margin of 28.50% and a negative return on equity of 5.87%. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the business earned $0.18 earnings per share. On average, equities analysts expect that Medical Properties Trust will post 0.78 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of MPT. AQR Capital Management LLC raised its holdings in shares of Medical Properties Trust by 46.3% during the 4th quarter. AQR Capital Management LLC now owns 13,415,267 shares of the real estate investment trust’s stock valued at $67,076,000 after purchasing an additional 4,243,904 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Medical Properties Trust by 10.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,043,457 shares of the real estate investment trust’s stock worth $60,217,000 after purchasing an additional 1,159,750 shares in the last quarter. Morgan Stanley increased its position in Medical Properties Trust by 81.7% during the fourth quarter. Morgan Stanley now owns 11,954,863 shares of the real estate investment trust’s stock worth $59,774,000 after buying an additional 5,375,128 shares during the last quarter. Geode Capital Management LLC raised its holdings in Medical Properties Trust by 7.1% during the fourth quarter. Geode Capital Management LLC now owns 9,713,566 shares of the real estate investment trust’s stock valued at $48,578,000 after buying an additional 639,743 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Medical Properties Trust by 0.4% during the third quarter. Dimensional Fund Advisors LP now owns 7,363,843 shares of the real estate investment trust’s stock valued at $37,332,000 after buying an additional 28,860 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

About Medical Properties Trust

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.