While inflation has made real estate investment trusts (REITs) more appealing to many investors, the rate hikes that followed sent many running in the opposite direction. Higher interest rates have not only hindered company growth but have also made REIT dividend yields less attractive than the “risk-free” Treasury yields. When dividend yields start hitting double digits, however, some REITs become a little too tempting to ignore. Are these 10%+ yields too good to pass up, or too good to be true?
Medical Properties Trust: A Pillar In Hospital Real Estate
Medical Properties Trust Inc (NYSE:MPW) specializes in hospital real estate, which has become an indispensable part of healthcare infrastructure. Despite recently cutting its dividend in half, this healthcare REIT still boasts a 12% dividend yield, presenting an intriguing proposition for income-focused investors.
The company’s share price has fallen drastically since January 2022, from around $23 per share to $5.46, as of this…
2023-11-03 14:41:58
Source from finance.yahoo.com