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Medical Properties Trust Declares Regular Quarterly Dividend of $0.29 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Medical Properties Trust declared a quarterly cash dividend of $0.29 per share, payable on July 14, 2022, to stockholders of record on June 16, 2022. The company, based in Birmingham, Alabama, is a leading real estate investment trust focused on acquiring and developing net-leased hospital facilities, with approximately 440 facilities and 46,000 licensed beds in nine countries. The trust's financing model promotes the enhancement of hospital operations through the unlocking of real estate value.
Positive
Declared a quarterly cash dividend of $0.29 per share.
Company operates approximately 440 hospital facilities across nine countries.
Established financing model enables hospitals to invest in operational improvements.
Negative
None.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock to be paid on July 14, 2022, to stockholders of record on June 16, 2022.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world’s largest owners of hospitals with roughly 440 facilities and 46,000 licensed beds in nine countries and across four continents on a pro forma basis. MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations. For more information, please visit the Company’s website at www.medicalpropertiestrust.com.