2 Catalysts Could Cause This 6%-Yielding Dividend Stock to Soar by the End of 2026
Shares of Medical Properties Trust (NYSE: MPW) have gotten shellacked over the past few years. The hospital-focused real estate investment trust (REIT) lost nearly 80% of its value from its peak a few years ago. Weighing on the stock has been a barrage of tenant issues and higher interest rates. Those problems forced the REIT to take several actions to shore up its portfolio and financial profile, including selling properties and slashing its dividend a couple of times. Those moves are finally starting to pay off. The REIT expects its rental income to rise steadily over the next two years, which could give it more cash to return to shareholders. These catalysts could cause the stock to soar by the end of next year.Continue reading
Shares of Medical Properties Trust (NYSE: MPW) have gotten shellacked over the past few years. The hospital-focused real estate investment trust (REIT) lost nearly 80% of its value from its peak a few years ago.
Weighing on the stock has been a barrage of tenant issues and higher interest rates. Those problems forced the REIT to take several actions to shore up its portfolio and financial profile, including selling properties and slashing its dividend a couple of times.
Those moves are finally starting to pay off. The REIT expects its rental income to rise steadily over the next two years, which could give it more cash to return to shareholders. These catalysts could cause the stock to soar by the end of next year.
