Medical Properties Trust: Why I Bought More Of This 7.25% Yielding REIT

Summary

• Shares of MPW have declined by -33.76% pushing its dividend yield to 7.25% and creating an opportunity.
• MPW deleveraged its balance sheet by eliminating more than $1.25 billion in total debt making it a much more appealing investment.
• MPW is now trading at the lowest price to FFO valuation compared to its peer group while having the 3rd largest dividend yield.
• MPW sold assets in Q1 and used the capital to deleverage its balance sheet but continued to increase its revenue and FFO.

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The market hasn't been kind to many stocks, and surprisingly Medical Properties Trust (NYSE:MPW) has become collateral damage. MPW's share price has drastically declined by 33.76%, pushing its yield to 7.25%. When shares reached $17.10, I added shares and left

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MPW, OHI, AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.