Medical Stock To Go Ex-dividend Tomorrow (MPW)

NEW YORK ( TheStreet) -- The ex-dividend date for Medical Properties (NYSE: MPW) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $9.62 as of 9:30 a.m. ET, the dividend yield is 8.4%.

The average volume for Medical has been 723,000 shares per day over the past 30 days. Medical has a market cap of $1.16 billion and is part of the financial sector and real estate industry. Shares are down 2.7% year to date as of the close of trading on Friday.

Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company has a P/E ratio of 59.3, above the average real estate industry P/E ratio of 49.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Medical as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Medical Ratings Report.

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