Medical Properties Trust Increases Regular Quarterly Dividend by Four Percent

Rhea-AI Summary

Medical Properties Trust (NYSE: MPW) has declared a quarterly cash dividend of $0.29 per share, payable on April 14, 2022, to stockholders of record on March 17, 2022. This marks a 4% increase from the previous dividend of $0.28, continuing an impressive streak of eight consecutive years of dividend increases. Additionally, the company's annual meeting will be held on May 26, 2022, at 10:30 a.m. CT in Birmingham, Alabama, for stockholders recorded as of March 29, 2022.

Positive

• 4% increase in quarterly dividend to $0.29 per share.
• Eighth consecutive year of dividend increases.

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 April 14, 2022, to stockholders of record on March 17, 2022.

This increase reflects a four percent increase over the previous quarterly dividend of $0.28 per share and marks the eighth consecutive year of an increase to cash dividends.

Annual Meeting of Stockholders

Medical Properties Trust also announced that its annual meeting of stockholders will be held at 10:30 a.m. Central Time on May 26, 2022, in Birmingham, Alabama. Stockholders of record as of March 29, 2022, will be invited to attend.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220217005919/en/

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 new dividend amount for Medical Properties Trust (MPW)?

The new dividend amount is $0.29 per share.

When will the dividend be paid to shareholders of MPW?

The dividend will be paid on April 14, 2022.

What is the record date for the MPW dividend?

The record date for the dividend is March 17, 2022.

When is the annual meeting of stockholders for MPW?

The annual meeting will be held on May 26, 2022.

What time will the annual meeting of stockholders for MPW take place?

The meeting will take place at 10:30 a.m. Central Time.