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Tue, 16 Apr 2024 15:04:00 +0000 |
Medical Properties Deal Lifts Near-Term Bonds; Stock Dips After Monday Rise
Ailing hospital landlord Medical Properties Trust’s bonds and stock got a shot in the arm yesterday after the company announced an $886 million asset sale that would be used to pay down debt and fund operations. The company’s $500 million bond due in 2026 jumped 2% yesterday to 92 cents on the dollar and is up about 10% this year, according to data from MarketAxess. Medical Properties sold 75% stakes in five Utah hospitals in the transaction and took on $190 million in new secured debt.
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Tue, 16 Apr 2024 12:11:53 +0000 |
Here’s Why Miller Income Strategy Sold Medical Properties Trust (MPW)
Miller Value Partners, an investment management company, released its “Income Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the strategy returned 11.69% net of fees versus a 1.52% return for the benchmark, ICE BofA US High Yield Index. In addition, please check the fund’s top […]
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Tue, 16 Apr 2024 08:05:00 +0000 |
This Ultra-High-Yield Dividend Stock's Prognosis Is Improving
Medical Properties Trust is making excellent progress on its plan to boost its liquidity.
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Tue, 16 Apr 2024 01:55:35 +0000 |
Why Medical Properties Trust Stock Popped Today
Medical Properties Trust just became $1.1 billion richer.
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Mon, 15 Apr 2024 18:06:04 +0000 |
Medical Properties Trust selling spree continues, Utah deal closes
The deal is expected to generate approximately $1.1 billion in in cash for the liquidity-strapped hospital landlord.
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Fri, 12 Apr 2024 20:20:00 +0000 |
Medical Properties Trust Declares Regular Quarterly Dividend
BIRMINGHAM, Ala., April 12, 2024--Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.15 per share of common stock to be paid on May 1, 2024, to stockholders of record on April 22, 2024.
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Fri, 12 Apr 2024 20:05:00 +0000 |
Medical Properties Trust Sells Majority Interest in Utah Hospitals
BIRMINGHAM, Ala., April 12, 2024--Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced that it has sold its interests in five Utah hospitals to a newly formed joint venture (the "Venture") with an investment fund (the "Fund") affiliated with a leading multi-strategy, multi-billion dollar institutional asset manager with a proven track record in real estate investments. MPT has retained an approximate 25% interest in the Venture and the Fund purchased an approximate
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Thu, 11 Apr 2024 22:15:18 +0000 |
Medical Properties (MPW) Stock Sinks As Market Gains: Here's Why
The latest trading day saw Medical Properties (MPW) settling at $4.09, representing a -0.49% change from its previous close.
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Thu, 11 Apr 2024 08:17:22 +0000 |
Medical Properties Trust offloads 5 hospitals to Prime Healthcare
One of the nation’s largest hospital landlords will pay down its debt load with the proceeds, executives said.
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Tue, 09 Apr 2024 21:29:00 +0000 |
Medical Properties Trust Completes $350 Million Sale of Facilities to Prime Healthcare
BIRMINGHAM, Ala., April 09, 2024--Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced that it completed its previously announced sale of five facilities in California and New Jersey to Prime Healthcare ("Prime") for aggregate consideration of $350 million. The total consideration consists of $250 million paid in immediate cash and a $100 million interest-bearing mortgage note due to MPT in nine months.
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Tue, 09 Apr 2024 08:26:00 +0000 |
Medical Properties Trust Stock Has 10% Upside, According to 1 Wall Street Analyst
Truist believes the healthcare REIT will need to shrink to get on the road to recovery.
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Mon, 08 Apr 2024 12:14:00 +0000 |
The 7 Best REITs to Buy in April 2024
One of the best ways to protect your portfolio, and generate consistent income is with higher-yielding real estate investment trusts (REITs). In fact, we’re going to look at seven of the best REITs to buy in April below. Look at Realty Income (NYSE:O), for example. Known as The Monthly Dividend Company, Realty Income will pay you every month to hold its stock. Yielding 5.86%, the company just declared a new dividend of 25.7 cents, which is payable on April 15 to shareholders of record as of Apri
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Sun, 07 Apr 2024 00:25:00 +0000 |
Why Investors Shouldn't Buy This 13%-Yielding Stock for Its Dividend
Medical Properties Trust isn't the safest dividend stock, but it could offer a good contrarian play.
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Sat, 06 Apr 2024 18:00:00 +0000 |
3 Real Estate Stocks Short Sellers Are Betting Will Come Tumbling Down
Are real estate stocks heading for a tumble? Increasingly, short sellers are betting that real estate is in for a difficult time in 2024 and beyond. It’s not hard to see why. There are several reasons for concern for the sector. Higher interest rates have a dramatic negative impact on the value of existing real estate, as it costs more for landlords to service the debts on their properties. In addition, as the yields on alternative investments, such as government bonds, go up, the value of real
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Sun, 31 Mar 2024 10:04:00 +0000 |
This Beleaguered Ultra-High-Yield Dividend Stock Might Soon Get Some Much-Needed Relief
Medical Properties Trust's top tenant, Steward Health Care, has a deal in place to sell its physicians' network.
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Sat, 30 Mar 2024 11:55:00 +0000 |
Is Medical Properties Trust Stock a Buy?
Has the stock finally bottomed out?
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Fri, 29 Mar 2024 10:54:00 +0000 |
Altria Stock vs. Medical Properties Trust: Which High-Yielding Dividend Is the Safer Option for Investors?
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
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Thu, 28 Mar 2024 18:50:02 +0000 |
Why Medical Properties Trust Popped This Week
The medical properties REIT had a relief rally as a troubled customer may catch up on its back rent.
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Thu, 28 Mar 2024 11:23:00 +0000 |
Don't Fall for These 2 Dividend Stocks: Cuts Are Coming
These REITs will likely cut their dividends again.
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Thu, 21 Mar 2024 21:50:17 +0000 |
Medical Properties (MPW) Increases Yet Falls Behind Market: What Investors Need to Know
In the closing of the recent trading day, Medical Properties (MPW) stood at $4.26, denoting a +0.24% change from the preceding trading day.
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