This Beaten-Down Ultra-High-Yield Dividend Stock Is Finally Putting Its Biggest Problem in the Past. Is it Time to Buy?

Medical Properties Trust (NYSE: MPW) has battled a barrage of issues over the past couple of years. The biggest problem has been the financial issues of its top tenant, Steward Health Care. The bankrupt hospital owner has struggled to pay rent, which is one of the factors that forced the real estate investment trust (REIT) to cut its dividend twice in the last two years. Even with those deep cuts, the REIT still offers a dividend yield above 6% due to the nearly 80% crash in its share price from its peak a few years ago. The healthcare REIT recently reached a major milestone in its efforts to replace Steward with financially stronger tenants. As a result, the REIT will have a lot more visibility into its future cash flow and ability to pay dividends. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool