Is Medical Properties Trust Stock a Buy Now?
Medical Properties Trust (NYSE: MPW) is quite the controversial stock, especially considering its relatively banal business model of buying and renting out healthcare spaces. But there's no scandal piquing investors' strong feelings, just a rather straightforward debate about whether it can perform well financially or not.
So, without further ado, let's look at the case in favor of buying this stock right now to see what all the fuss is about.
The thing that draws a lot of investors to Medical Properties Trust stock is its outrageously high forward dividend yield of 14.9%. With a yield like that, you'd only need to drop around $6,734 to secure $1,000 in annual dividend income. And over the last 10 years, it's hiked its dividend by 45%, so there might be a possibility of further growth down the line.
Source Fool.com
