|Bid||21.00 x 1400|
|Ask||21.73 x 1200|
|Day's Range||21.02 - 21.46|
|52 Week Range||15.55 - 22.82|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||22.48|
|Forward Dividend & Yield||1.12 (5.28%)|
|Ex-Dividend Date||Mar 17, 2021|
|1y Target Est||N/A|
Real estate investment trusts (REITs) make great income stocks because they're required by law to distribute 90% of their taxable income to investors each year. Currently, the average REIT yields 3.56%, which is more than double the 1.4% yield for stocks in the S&P 500. Three high-yielders that look like attractive buys this May for investors are Medical Properties Trust (NYSE: MPW), STAG Industrial (NYSE: STAG), and W.P. Carey (NYSE: WPC).
Welcome to the Medical Properties Trust conference call to discuss our first quarter 2021 financial results. With me today are Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer of the company; and Steven Hamner, Executive Vice President and Chief Financial Officer.
Medical Properties (MPW) delivered FFO and revenue surprises of 0.00% and 3.21%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?