Dividend Champions, Contenders and Challengers List: 5 Highest Yielding Stocks

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

Dividend Yield as of May 1: 13.55%

Medical Properties Trust, Inc. (NYSE:MPW) ranks second on our list of the best dividend stocks. The company is a Dividend Challenger with nine consecutive years of dividend growth. It currently pays a quarterly dividend of $0.29 per share and has a dividend yield of 13.55%, as of May 1.

In April, Wells Fargo initiated its coverage on Medical Properties Trust, Inc. (NYSE:MPW) with an Equal Weight rating and a $9 price target. The firm called the company the ‘only healthcare REIT primarily focused on Acute Care Hospitals’.

As of December 2022, 28 hedge funds tracked by Insider Monkey reported having stakes in Medical Properties Trust, Inc. (NYSE:MPW), up from 23 in the previous quarter. These stakes have a value of over $367.5 million collectively.