Is Medical Properties Trust a Millionaire Maker?
Medical Properties Trust (NYSE: MPW) has an attractively high 7.4% dividend yield. For reference, the S 500 index (SNPINDEX: ^GSPC) is yielding just 1.3% and the average real estate investment trust (REIT) has a yield of about 4.1%. Although the assets Medical Properties trust owns may make that lofty yield look attractive, long-term investors need to think carefully before buying the stock.
Medical care isn't optional sometimes. If you are very sick or have had a bad accident, you have to go to the hospital. And that is exactly what Medical Properties Trust owns, with assets spread across North America, South America, and Europe. All in, it owns 393 hospitals across nine countries, including 31 U.S. states. It has relationships with 53 hospital operators.
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Source Fool.com
