Medical Properties Trust, Inc. (MPT) To Go Ex-Dividend on March 12th

Medical Properties Trust, Inc. (NYSE:MPT) announced a quarterly dividend on Thursday, February 12th. Investors of record on Thursday, March 12th will be given a dividend of 0.09 per share by the real estate investment trust on Thursday, April 9th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date is Thursday, March 12th.

Medical Properties Trust has decreased its dividend payment by an average of 0.2%annually over the last three years. Medical Properties Trust has a payout ratio of 211.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Medical Properties Trust to earn $0.62 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 58.1%.

Medical Properties Trust Stock Down 0.1%

Shares of MPT opened at $5.51 on Tuesday. The company has a market capitalization of $3.29 billion, a P/E ratio of -11.97 and a beta of 1.39. Medical Properties Trust has a 52-week low of $3.95 and a 52-week high of $6.47. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.63 and a quick ratio of 2.63.

Medical Properties Trust (NYSE:MPT) last announced its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). The company had revenue of $270.34 million for the quarter. Medical Properties Trust had a negative return on equity of 5.87% and a negative net margin of 28.50%.Medical Properties Trust’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.18 EPS. Research analysts anticipate that Medical Properties Trust will post 0.78 EPS for the current year.

About Medical Properties Trust

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.