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Medical Properties Trust Declares Regular Quarterly Dividend

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Rhea-AI Summary

Medical Properties Trust (MPT) announced a regular quarterly cash dividend of $0.15 per share. This dividend will be paid on July 9, 2024, to shareholders of record as of June 10, 2024. The announcement reflects the company's ongoing commitment to return value to its shareholders.

Positive
  • MPT declared a regular quarterly dividend of $0.15 per share.
  • The dividend payment date is set for July 9, 2024.
  • Shareholders of record by June 10, 2024, are eligible for the dividend.
  • Consistent dividend payments indicate financial stability and commitment to shareholder value.
Negative
  • The dividend amount of $0.15 is unchanged from previous payouts, indicating no increase in shareholder returns.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- 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 July 9, 2024, to stockholders of record on June 10, 2024.

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 436 facilities and approximately 43,000 licensed beds in nine countries and across three continents as of March 31, 2024. 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.

Drew Babin, CFA

Senior Managing Director – Corporate Communications

Medical Properties Trust, Inc.

(646) 884-9809

dbabin@medicalpropertiestrust.com

Source: Medical Properties Trust, Inc.

FAQ

What is the dividend amount announced by Medical Properties Trust (MPW)?

Medical Properties Trust announced a quarterly dividend of $0.15 per share.

When will Medical Properties Trust pay the announced dividend?

Medical Properties Trust will pay the dividend on July 9, 2024.

What is the record date for the Medical Properties Trust dividend?

The record date for the dividend is June 10, 2024.

Has Medical Properties Trust increased its dividend compared to previous quarters?

No, the dividend amount remains at $0.15 per share, unchanged from previous quarters.

Medical Properties Trust, Inc.

NYSE:MPW

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2.33B
520.18M
13.37%
65.41%
37.96%
REIT - Healthcare Facilities
Real Estate Investment Trusts
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United States of America
BIRMINGHAM