SmarterDividends
MPT

Medical Properties Trust, Inc.

MPT

Real Estate · REIT - Healthcare Facilities · Stock · quarterly payer

$3.01

Undervalued · +16% Add to Portfolio

Forward Yield

11.96%

Annual Dividend

$0.36

Payout Ratio

1055%

5-Yr Growth

-21.1%

Ex-Date

Sep 10, 2026

Frequency

Quarterly

Key facts about MPT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Medical Properties Trust, Inc. (MPT) has a forward dividend yield of 11.96%, based on an annual dividend of $0.36 per share and a share price of $3.01.
  • As of Oct 18, 2026, MPT's dividend safety grade from SmarterDividends is D (43 out of 100), which rates the dividend as unsafe.
  • MPT last cut its regular dividend in 2025.
  • MPT's most recent ex-dividend date was Sep 10, 2026, for a dividend of $0.0900 per share.
  • MPT's dividend has shrunk at an average rate of 21.1% a year over the past five years.
  • As of Oct 18, 2026, MPT's 11.96% yield is 49% above its five-year average yield of 8.03%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MPT is $3.49 per share, 16% above the $3.01 share price, so MPT screens as undervalued.
  • Medical Properties Trust, Inc. (MPT) pays its dividend quarterly, 4 times a year.
  • Medical Properties Trust, Inc. (MPT) has raised its regular dividend 15 times and cut it 3 times across the 85 payments on record since 2005. Its most recent change was a 12.5% increase to $0.0900 per share, going ex-dividend on Dec 11, 2025. The last cut went ex-dividend on Sep 9, 2024.
Cite this page

SmarterDividends, "MPT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MPT

Summary

As of Oct 18, 2026, Medical Properties Trust, Inc. (MPT) yields 11.96% ($0.36 a year per share) and has a dividend safety grade of D (43/100).

Is MPT a good dividend stock?

Mixed

Medical Properties Trust, Inc. (MPT) pays a quarterly dividend yielding 11.96% ($0.36/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (1055%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    11.96%
    Payout Ratio
    1055%
    Annual Dividend
    $0.36
    5-Yr Avg Growth
    -21.1%
    Ex-Dividend Date
    Sep 10, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.49
    Market Cap
    $1.8B
    P/E Ratio
    —
    5-Yr Total Return
    -86%
    52-Week Range
    $3.00 – $6.47
    Dividend Safety
    D · 43/100
    Ever Cut?
    Yes (2025)

    MPT dividend raises and cuts

    Medical Properties Trust, Inc. (MPT) has raised its regular dividend 15 times and cut it 3 times across the 85 payments on record since 2005. Its most recent change was a 12.5% increase to $0.0900 per share, going ex-dividend on Dec 11, 2025. The last cut went ex-dividend on Sep 9, 2024.

    Ex-dateChangeOld → newMove
    Dec 11, 2025Raise$0.0800 → $0.0900+12.5%
    Sep 9, 2024Cut$0.150 → $0.0800−46.7%
    Sep 13, 2023Cut$0.290 → $0.150−48.3%
    Mar 16, 2022Raise$0.280 → $0.290+3.6%
    Mar 17, 2021Raise$0.270 → $0.280+3.7%
    Mar 11, 2020Raise$0.260 → $0.270+3.8%
    Sep 11, 2019Raise$0.250 → $0.260+4.0%
    Mar 14, 2018Raise$0.240 → $0.250+4.2%
    Mar 14, 2017Raise$0.230 → $0.240+4.3%
    Jun 14, 2016Raise$0.220 → $0.230+4.5%
    Mar 10, 2015Raise$0.210 → $0.220+4.8%
    Nov 29, 2013Raise$0.200 → $0.210+5.0%
    Show all 18 changes since 2005
    Ex-dateChangeOld → newMove
    Dec 19, 2008Cut$0.270 → $0.200−25.9%
    Dec 12, 2006Raise$0.260 → $0.270+3.8%
    Sep 12, 2006Raise$0.250 → $0.260+4.0%
    Jun 13, 2006Raise$0.210 → $0.250+19.0%
    Mar 13, 2006Raise$0.180 → $0.210+16.7%
    Dec 13, 2005Raise$0.170 → $0.180+5.9%
    Every MPT payment →Download every raise and cut (CSV)
    MPT ex-dividend date & scheduleNext ex-date Sep 10, 2026 · full ex-dividend historyView →MPT dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is MPT a good dividend stock?

    Mixed. Medical Properties Trust, Inc. (MPT) pays a quarterly dividend yielding 11.96% ($0.36/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is MPT undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MPT's fair value is about $3.49 versus a $3.01 share price — so it looks undervalued (+16% vs. fair value).

    Is MPT's dividend safe?

    MPT has a dividend-safety grade of D (43/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is MPT's fair value?

    Our blended fair-value estimate for MPT is about $3.49 per share, roughly 16% above the current $3.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is MPT a buy, hold, or sell?

    We don't issue formal ratings, but on the data MPT screens as "mixed" and undervalued. Medical Properties Trust, Inc. (MPT) pays a quarterly dividend yielding 11.96% ($0.36/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will MPT cut its dividend?

    MPT earns a dividend-safety grade of D (43/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does MPT pay a dividend?

    Yes. Medical Properties Trust, Inc. pays a quarterly dividend of about $0.36 per share annually, a forward yield of roughly 11.96%.

    What is MPT's dividend yield?

    As of Oct 18, 2026, MPT's forward dividend yield is 11.96%, based on a $0.36 annual dividend and a $3.01 share price.

    What is MPT's dividend per share?

    As of Oct 18, 2026, MPT pays $0.36 per share per year, distributed on a quarterly basis.

    What is MPT's dividend payout ratio?

    As of Oct 18, 2026, MPT's payout ratio is 1055% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has MPT grown its dividend?

    MPT does not currently have a long dividend-growth streak on record.

    When is the next MPT ex-dividend date?

    As of Oct 18, 2026, MPT's next ex-dividend date hasn't been announced. The most recent was Sep 10, 2026, for $0.0900 per share.

    Income Calculator

    At $0.36 / yr per share

    Per payment (quarterly)$9.00
    Annual$36.00
    Monthly avg$3.00

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