Redditors Love These 5 Under-The-Radar Dividend Stocks

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

Dividend Yield as of September 20: 8.80%

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 according to Redditors as it managed to raise its dividends consistently for the past nine years. Moreover, it has a dividend yield of 8.80%, 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 Redditors Recommend These 10 Dividend Stocks for College Students and 10 Best Cheap DRIP Stocks to Buy Now

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