Income investors are always on the hunt for good stocks that for one reason or another have recently been out of favor, creating a scenario for a higher dividend yield along with possible future appreciation as the stock bounces back. Buying a stock on a decline sometimes involves a bit of courage, but the ability to lock in long-term higher yields makes the decision easier for most investors.
At the moment, Medical Properties Trust Inc. (NYSE:MPW), a Birmingham, Alabama-based real estate investment trust (REIT) that owns and net-leases hospitals, fits that description well. Medical Properties has a well-diversified portfolio of 46,000 licensed beds in 447 facilities in 10 countries. The company was formed in 2003 and its initial public offering (IPO) launched in 2005.
