5 Safe Dividend Stocks with Over 4% Yield

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

Dividend Yield as of August 16: 6.95%

Medical Properties Trust, Inc. (NYSE:MPW) is an Alabama-based real estate investment trust that mainly invests in healthcare facilities. As the outlook for hospitals has gotten more challenging with the ongoing hike in prices, Barclays lowered its price target on the stock to $23 but maintained an Overweight rating on the shares.

In Q2 2022, Medical Properties Trust, Inc. (NYSE:MPW) posted an FFO of $0.46, which beat analysts’ estimates by $0.01. The company’s revenue for the quarter presented a 4.8% year-over-year growth at $400.2 million. Moreover, its free cash flow generation also remained stable, amounting to over $164.6 million in Q2.

Medical Properties Trust, Inc. (NYSE:MPW) offers a quarterly dividend of $0.29 per share, raising it by 4% in February. The company maintains an 11-year track record of consistent dividend growth. The stock had a dividend yield of 6.95%, as recorded on August 16.

With stakes worth over $253 million, 16 hedge funds tracked by Insider Monkey held positions in Medical Properties Trust, Inc. (NYSE:MPW) in Q1 2022. In the previous quarter, 20 hedge funds owned stakes in the company, worth $317.2 million.