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Is Medical Properties Trust's Dividend in Jeopardy?

TheMotleyFool

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Is Medical Properties Trust's Dividend in Jeopardy?: https://g.foolcdn.com/editorial/images/743368/hospital-er-and-main-entrance-signs.jpg

Few stocks offer as juicy of a dividend as Medical Properties Trust (NYSE: MPW). The company's dividend yield has been in the double digits throughout most of 2023 and currently tops 13%.

However, the healthcare REIT provided its second-quarter update on Tuesday. Investors were clearly rattled, with the stock plunging 14%. Is Medical Properties Trust's dividend in jeopardy?

Some investors were concerned that Medical Properties Trust didn't declare a dividend in its Q2 update. The REIT did declare a dividend when it reported first-quarter results in April.

Source Fool.com

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