Shares of Medical Properties Trust declined 2.16% on Friday, closing at $5.44, extending losses for a second consecutive session. The move followed the real estate investment trust's announcement of its upcoming quarterly cash distribution.
The company declared a dividend of $0.09 per share, payable on April 9 to shareholders of record as of March 12. Based on Friday's closing price, the annualized yield stands at approximately 6.6%.
Medical Properties Trust is scheduled to release its fourth-quarter and full-year 2025 financial results before the market opens on Thursday, February 19. Management will host a conference call at 11 a.m. Eastern Time that day to discuss the figures. A replay of the call will be available through February 26.
The REIT, which focuses on hospital real estate across nine countries, recently updated its brand identity, changing its NYSE ticker symbol from "MPW" to "MPT" effective February 2. The company's annual shareholder meeting is set for May 28 in Birmingham, Alabama.
Investors will have a shortened trading week to position themselves ahead of the earnings report, as U.S. financial markets will be closed on Monday for the Washington's Birthday holiday. Trading will resume on Tuesday.