MPT Slashes Dividend 47%
This is a news story, published by Yahoo Finance, that relates primarily to Arrived Homes news.
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dividend dropBenzinga
•Medical Properties Trust (MPT) is one of the largest hospital owners with 435 facilities
74% Informative
Medical Properties Trust , also known as MPT ( NYSE :MPW), announced a major chop to its quarterly dividend, cutting it from $0.15 to $008 , a cut of 47% .
S&P Global lowered its issuer credit rating on MPT to B’ from B+ in May .
Short interest is over 50% , and the stock price has fallen by over 75% in the last five years .
Arrived Homes launched its Private Credit Fund , which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly .
Unlike other private credit funds, this one has a minimum investment of only $100 .
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