- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Medical Properties (NYSE: MPW) is tomorrow, June 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $9.15 as of 9:59 a.m. ET, the dividend yield is 8.9%. The average volume for Medical has been 1.2 million shares per day over the past 30 days. Medical has a market cap of $1.22 billion and is part of the financial sector and real estate industry. Shares are down 8.1% 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 56.3, above the average real estate industry P/E ratio of 42.9 and above the S&P 500 P/E ratio of 17.7.