I've been doing my DD on MPW and I hope someone can help. I'm trying to find out if any part of MPW's dividend has been non taxable because it was considered a "return of capital" ? Some REIT's have these occurrences for various reasons and if MPW is in this category I would prefer to own shares in a taxable account as opposed to a IRA where the benefits would be lost.
Thanks for the reply. I went to the website and I found the figures for the last 5 years just as you said.
I don't understand why the ordinary income keeps dropping from year to year and the return of capital keeps increasing to maintain the level dividend. If the company is growing by adding properties every year why is the income going down? Has management discussed this?
I'll probably have to call Investor Relations to get their view on this.