NYSE:MPWHealth Care REITs
Will MPW’s Dividend Hike, Buyback, and Re‑Leasing Progress Change Medical Properties Trust’s (MPW) Narrative?
Earlier this month, Medical Properties Trust announced a 12% increase in its quarterly dividend, authorized a US$150,000,000 share repurchase program, and reported progress re-tenanting troubled hospital assets, including a new lease with NOR Healthcare Systems for six California facilities.
The combination of a higher dividend, buyback authorization, and improved leasing on previously distressed properties highlights management’s focus on reinforcing cash flows despite ongoing leverage and...