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EX-Dividend Schedule: Medical Properties Trust has a Dividend Yield of 6.96%; Will Trade Ex-Dividend on December 06, 2017

LONDON, UK / ACCESSWIRE / December 05, 2017 / Active-Investors has a free review on Medical Properties Trust, Inc. (NYSE: MPW) following the Company’s announcement that it will capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on December 05, 2017. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on MPW:

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Dividend Declared

On November 10, 2017, Medical Properties Trust announced that its Board of Directors declared a regular quarterly cash dividend of $0.24 per share of common stock to be paid on January 11, 2018, to stockholders of record on December 07, 2017.

Medical Properties Trust’ indicated dividend represents a yield of 6.96%, which is substantially above the average dividend yield of 3.87% for the financial sector. The Company has raised dividend for seven consecutive years.

Dividend Insights

Medical Properties Trust has a dividend payout ratio of 72.7%, which means that the Company distributes approximately $0.73 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Medical Properties Trust is forecasted to report earnings of $1.05 for the next year compared to the Company’s annualized dividend of $0.96

As of September 30, 2017, Medical Properties Trust had cash and cash equivalents of $188.22 million compared to $83.24 million available as of December 31, 2016. The Company’s strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for Medical Properties Trust

On November 02, 2017, Medical Properties Trust reported that net income was $76.5 million, or $0.21 per diluted share, for Q3 2017 compared to $70.4 million, or $0.28 per diluted share, in Q3 2016. The Company’s Normalized Funds from Operations (NFFO) for Q3 2017 surged 61% to $120.6 million compared to $75.1 million in Q3 2016. Medical Properties Trust’s NFFO increased 10% to $0.33 per diluted share in the reported quarter compared to $0.30 per diluted share in the year-ago same period.

Medical Properties Trust’ updated it’s net income estimates for 2017 to a range from $0.84 to $0.86 per diluted share and its 2017 NFFO to a band from $1.30 to $1.32 per diluted share.

About Medical Properties Trust

Medical Properties Trust, is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. The Company’s financing model allows hospitals and other healthcare facilities to unlock the value of their underlying real estate in order to fund facility improvements, technology upgrades, staff additions, and new construction. Medical Properties Trust’s facilities include acute care hospitals, inpatient rehabilitation hospitals, long-term acute care hospitals, and other medical and surgical facilities.

Stock Performance Snapshot

December 04, 2017 – At Monday’s closing bell, Medical Properties Trust’s stock marginally advanced 0.29%, ending the trading session at $13.84.

Volume traded for the day: 2.43 million shares, which was above the 3-month average volume of 1.87 million shares.

Stock performance in the last month – up 2.90%; previous three-month period – up 4.61%; past twelve-month period – up 16.60%; and year-to-date – up 12.52%

After yesterday’s close, Medical Properties Trust’s market cap was at $5.08 billion.

Price to Earnings (P/E) ratio was at 18.12.

The stock has a dividend yield of 6.94%.

The stock is part of the Financial sector, categorized under the REIT – Healthcare Facilities industry. This sector was up 0.5% at the end of the session.

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SOURCE: Active-Investors

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