Prediction: After 2 Big Cuts, This 7%-Yielding Dividend Stock Will Start Raising Its Dividend by the End of 2025
The past few years have been rough for Medical Properties Trust (NYSE: MPW) and its investors. The hospital-focused real estate investment trust (REIT) has battled tenant issues and higher interest rates. These headwinds forced it to slash its dividend twice. However, the company appears to have finally turned the page on its problems, and I predict that the REIT will start increasing its dividend by the end of this year. That would add to its already attractive 7% yield.Image source: Getty Images.Continue reading
The past few years have been rough for Medical Properties Trust (NYSE: MPW) and its investors. The hospital-focused real estate investment trust (REIT) has battled tenant issues and higher interest rates. These headwinds forced it to slash its dividend twice.
However, the company appears to have finally turned the page on its problems, and I predict that the REIT will start increasing its dividend by the end of this year. That would add to its already attractive 7% yield.
Image source: Getty Images.
