Medical Properties Trust, Inc. ( MPW ) will begin trading ex-dividend on June 10, 2014. A cash dividend payment of $0.21 per share is scheduled to be paid on July 10, 2014. Shareholders who purchased MPW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MPW has paid the same dividend. At the current stock price of $13.9, the dividend yield is 6.04%.
The previous trading day's last sale of MPW was $13.9, representing a -10.32% decrease from the 52 week high of $15.50 and a 21.19% increase over the 52 week low of $11.47.
MPW is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). MPW's current earnings per share, an indicator of a company's profitability, is $.49. Zacks Investment Research reports MPW's forecasted earnings growth in 2014 as 12.63%, compared to an industry average of 9%.
Interested in gaining exposure to MPW through an Exchange Traded Fund [ETF]?
The following ETF(s) have MPW as a top-10 holding:
- PowerShares KBW Premium Yield Equity REIT Portfolio ETF ( KBWY )
- IQ US Real Estate Small Cap ETF ( ROOF ).
The top-performing ETF of this group is KBWY with an increase of 13.01% over the last 100 days. It also has the highest percent weighting of MPW at 4.29%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.