Medical Properties Trust (MPW) Raises Quarterly Dividend 4.2% to $0.25; 8% Yield
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Medical Properties Trust Increases Regular Quarterly Dividend by Four Percent to $0.25 Per Share
February 15, 2018 4:16 PM ESTBIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock to be paid on April 12, 2018, to stockholders of record on March 15, 2018.
Todays declaration marks the fourth consecutive year of a cash dividend increase, said Edward K. Aldag, Jr., MPTs Chairman, President and Chief Executive Officer. This action reflects our confidence in MPTs robust investment pipeline, even considering temporary dilution from possible joint venture arrangements that we have previously described, said Aldag.
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