5 Best REIT Dividend Stocks

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1. Medical Properties Trust, Inc. (NYSE:MPW)

Dividend Yield as of October 11: 11.16%

Medical Properties Trust, Inc. (NYSE:MPW) is an Alabama-based real estate investment trust company that mainly invests in healthcare facilities. It is one of the best dividend stocks on our list as it managed to raise its dividends consistently for the past nine years. Moreover, it has a dividend yield of 11.16%, up from a sector median of 4.3%. The company currently offers a quarterly dividend of $0.29 per share.

Following the company’s strong earnings in Q2 2022 and appreciating its stable balance sheet, Barclays maintained its Overweight rating on Medical Properties Trust, Inc. (NYSE:MPW) in August, with a $23 price target.

As of the close of Q2 2022, 15 hedge funds tracked by Insider Monkey owned stakes in Medical Properties Trust, Inc. (NYSE:MPW), compared with 16 a quarter earlier. These stakes hold a total value of over $238.5 million.

You can also take a look at 10 Dividend Stocks That Are Too Cheap To Ignore and Top 13 High Dividend Stocks to Buy According to Hedge Funds

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