Medical Properties Trust Increases Regular Quarterly Dividend by Four Percent to $0.25 Per Share
February 15 2018 - 4:16PM
Business Wire
Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE:
MPW) announced today that its Board of Directors declared a
quarterly cash dividend of $0.25 per share of common stock to be
paid on April 12, 2018, to stockholders of record on March 15,
2018.
“Today’s declaration marks the fourth consecutive year of a cash
dividend increase,” said Edward K. Aldag, Jr., MPT’s Chairman,
President and Chief Executive Officer. “This action reflects our
confidence in MPT’s robust investment pipeline, even considering
temporary dilution from possible joint venture arrangements that we
have previously described,” said Aldag.
Annual Meeting of Stockholders
Medical Properties Trust also announced that its annual meeting
of stockholders will be at the City Club in Birmingham, Alabama at
10:30 Central Time on May 24, 2018. Stockholders of record as of
March 20, 2018, will be invited to attend.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a self-advised real estate
investment trust formed to capitalize on the changing trends in
healthcare delivery by acquiring and developing net-leased
healthcare facilities. MPT’s financing model helps facilitate
acquisitions and recapitalizations and allows operators of
hospitals and other healthcare facilities to unlock the value of
their real estate assets to fund facility improvements, technology
upgrades and other investments in operations. Facilities include
acute care hospitals, inpatient rehabilitation hospitals, long-term
acute care hospitals, and other medical and surgical facilities.
For more information, please visit the Company’s website at
www.medicalpropertiestrust.com.
The statements in this press release that are
forward looking are based on current expectations and actual
results or future events may differ materially. Words such as
“expects,” “believes,” “anticipates,” “intends,” “will,” “should”
and variations of such words and similar expressions are intended
to identify such forward-looking statements. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results of the Company or future
events to differ materially from those expressed in or underlying
such forward-looking statements, including without limitation: the
consummation of possible joint venture arrangements, if any;
potential sales; the amount of acquisitions of healthcare real
estate, if any; the payment of future dividends, if any; national
and international economic, business, real estate and other market
conditions; the competitive environment in which the Company
operates; the execution of the Company’s business plan; financing
risks; the Company’s ability to maintain its status as a REIT for
income tax purposes; acquisition and development risks; potential
environmental and other liabilities; and other factors affecting
the real estate industry generally or healthcare real estate in
particular. For further discussion of the factors that could affect
outcomes, please refer to the “Risk factors” section of the
Company’s Annual Report on Form 10-K for the year ended December
31, 2016 and as updated by the Company’s subsequently filed
Quarterly Reports on Form 10-Q and other SEC filings. Except as
otherwise required by the federal securities laws, the Company
undertakes no obligation to update the information in this press
release.
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version on businesswire.com: http://www.businesswire.com/news/home/20180215006407/en/
Medical Properties Trust, Inc.Tim Berryman, 205-969-3755Director
– Investor Relationstberryman@medicalpropertiestrust.com
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