Medical Properties Trust, Inc. to Issue Quarterly Dividend of $0.09 (NYSE:MPT)

Medical Properties Trust, Inc. (NYSE:MPT) declared a quarterly dividend on Thursday, August 13th. Shareholders of record on Thursday, September 10th will be paid a dividend of 0.09 per share on Thursday, October 8th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Thursday, September 10th.

Medical Properties Trust Price Performance

MPT opened at $4.22 on Friday. The stock has a market cap of $2.52 billion, a P/E ratio of -70.33 and a beta of 1.41. The company has a debt-to-equity ratio of 2.13, a current ratio of 3.11 and a quick ratio of 3.11. Medical Properties Trust has a fifty-two week low of $3.99 and a fifty-two week high of $6.47. The business’s 50-day moving average price is $4.64.

Medical Properties Trust (NYSE:MPT) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The business had revenue of $259.28 million during the quarter. Medical Properties Trust’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, equities research analysts expect that Medical Properties Trust will post 0.63 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MPT. OneAscent Family Office LLC bought a new stake in Medical Properties Trust during the second quarter valued at about $49,000. Greenspring Advisors LLC acquired a new stake in shares of Medical Properties Trust in the second quarter valued at about $54,000. Callan Family Office LLC bought a new position in shares of Medical Properties Trust in the second quarter worth about $66,000. Allworth Financial LP bought a new position in shares of Medical Properties Trust in the second quarter worth about $76,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Medical Properties Trust in the second quarter worth about $81,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.