After a Thorough Investigation, This High-Yield Dividend Stock Earns a Clean Bill of Health

Medical Properties Trust (NYSE: MPW) has battled a barrage of headwinds over the past few years. Financial troubles with some of its top tenants and balance sheet issues have weighed heavily on the stock. That caused short-selling hedge funds to pile on by making some allegations that the real estate investment trust (REIT) engaged in some improper activity. The healthcare REIT's board of directors took these allegations seriously, hiring an outside consulting firm to dig into the matter. After investigating for over a year, they found no evidence that the company's management team did anything wrong, which gives the board complete confidence in the REIT's leadership team.Short-selling hedge fund Viceroy Research and others have made some serious allegations against Medical Properties Trust over the past couple of years. In response, the REIT's board of directors hired Wachtell, Lipton, Rosen & Katz, a leading global consulting firm, to assist with a financial forensic audit of its actions. The board placed no restrictions or limitations on their ability to investigate the claims against the company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool