MPW Announces Their Dividend

I have been waiting for this announcement and today Medical Properties Trust (MPW) reported their next dividend information. Actually, it came out yesterday after the close.

MPW reported that their next Ex-Date is 3/15/23. Their next Pay-Date is 4/13/23. Their quarterly Dividend will be unchanged at 29¢ per share.

The Ex-Date of 3/15/23 means you must own shares of the stock before 3/15/23 in order to receive the 29¢ per share owned. Not on the date, before the date of 3/15/23.

The Pay-Date of 4/13/23 means this is the date you will receive the 29¢ per share owned before 3/15/23. You can take the dividend as cash or reinvest the dividend and receive shares.

The dividend is 29¢ per share owned. This morning the stock is at $12.80 as I write. If you bought the stock at this price your dividend will have a yearly rate of 9%. I own 1000 shares in my non-margin account at the price of $11.65 per share. This is the money I have invested to receive the 29¢ dividend. My yearly dividend rate is 9.95%.

I reinvest my dividend so I’ll be receiving shares of stock. My dividend will be 29¢ times my 1000 shares, which is $290. I will receive $290 worth of the stock into my account. EX: If the price of the stock is $12.80 on 4/13/23 I will have a little more than 22 shares added to my total. I will now have 1022 shares of MPW. If I continue to hold the stock the next Pay-Date I will receive a dividend on the 1022 shares. I don’t care how old you are, the sooner you get started the more you will accumulate.

I might buy additional shares before the Ex-Date for more of a dividend payment. I will watch the price of the stock and make a decision on how much to buy according to the price of the stock.

Any questions send me an email.

 

Successful trading,

Steve

The Options Coach