Medical Properties Trust Inc. Announces Quarterly Dividend of $0.21 (MPW)
Medical Properties Trust (NYSE:MPW) announced a quarterly dividend on Thursday, August 21st, AmericanBankingNews.com reports. Investors of record on Thursday, September 18th will be paid a dividend of 0.21 per share on Wednesday, October 15th. This represents a $0.84 annualized dividend and a dividend yield of 6.03%.
On the ratings front, analysts at Jefferies Group raised their price target on shares of Medical Properties Trust from $14.50 to $15.00 in a research note on Monday, June 2nd.
Shares of Medical Properties Trust (NYSE:MPW) traded down 0.14% on Thursday, hitting $13.93. 954,323 shares of the company’s stock traded hands. Medical Properties Trust has a 52-week low of $11.47 and a 52-week high of $13.97. The stock’s 50-day moving average is $13.30 and its 200-day moving average is $13.1. The company has a market cap of $2.392 billion and a price-to-earnings ratio of 45.74.
Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.01. The company had revenue of $76.56 million for the quarter, compared to the consensus estimate of $77.50 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 34.0% on a year-over-year basis. Analysts expect that Medical Properties Trust will post $1.07 EPS for the current fiscal year.
Medical Properties Trust, Inc is a self-advised real estate investment trust (NYSE:MPW) focused on investing in and owning net-leased healthcare facilities.
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