Back to buy more MPW:
1.Medical Properties Trust (MPW) has announced an underwritten public offering to sell 45,000,000 shares of its common stock. This offering includes a 30-day option for underwriters to purchase an additional 6,750,000 shares. The proceeds from this offering are intended to partially fund the acquisition of a portfolio consisting of 14 acute care hospitals and two behavioral health facilities from Prospect Medical Holdings, Inc., as well as one acute care hospital from Halsen Healthcare.
2. Following a global settlement with Steward Health Care System and its creditors, MPW has regained control over its real estate assets previously managed by Steward. The company has engaged new operators for facilities in five markets (Arizona, Florida, Louisiana, Ohio, and Texas) and is focused on stabilizing these hospitals and returning them to profitability. This strategic move aims to ensure continuity of patient care while enhancing operational performance.
This is also a quarterly dividend stock. Still very very risky