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Stock impact report

This 5.4%-Yielding Dividend Stock Is Finally on the Road to Recovery [Yahoo! Finance]

Medical Properties Trust, Inc. common stock (MPW) 
Last medical properties trust, inc. common stock earnings: 4/29 06:30 pm Check Earnings Report
US:NYSE Investor Relations: medicalpropertiestrust.com
Company Research Source: Yahoo! Finance
trust (REIT) has battled tenant-related headwinds, which put pressure on its cash flow and balance sheet. That came when interest rates surged, making it very difficult for the company to refinance maturing debt. As a result, it had to take several actions to shore up its portfolio and financial profile, including selling properties and cutting its dividend a couple of times. Those initiatives have helped cure its ailing balance sheet, and now the healthcare REIT is finally on the road to recovery. That also means its 5.4%-yielding dividend is safe. A very successful year Medical Properties Trust's CEO, Edward Aldag, discussed the company's progress in addressing its issues on the fourth-quarter conference call . He noted: "We entered 2024 with a plan to execute $2 billion in liquidity transactions. We significantly outperformed that target by executing approximately $3 billion in liquidity transactions during the year, sales that repeatedly provided third-party validation of ou Show less Read more
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