Yielding 17.5%, Is This Dividend Stock Safe for Passive Income Investors?

By Parkev Tatevosian, CFA – Jan 18, 2024 at 8:00AM

NYSE: MPW

Medical Properties Trust

Market Cap

$3B

Today's Change

(-1.10%) -$0.05

Current Price

$4.51

Price as of April 26, 2024, 4:00 p.m. ET

Passive income investors are attracted to the massive dividend yield this stock offers.

Fool.com contributor Parkev Tatevosian evaluates Medical Properties Trust (MPW -1.10%) stock to determine if it's safe for passive income investors.

*Stock prices used were the afternoon prices of Jan. 15, 2024. The video was published on Jan. 17, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.