Key Highlights

● Medical Properties Trust has paid a quarterly dividend of $0.09 per share since December 2025.

● Shares closed at $3.14 on 9 October 2026, giving a trailing dividend yield of 11.46%.

● The quarterly dividend has fallen from $0.29 in mid-2023 to the current $0.09 per share.

● Trailing regular dividends total $0.36 per share, equal to four $0.09 payments in the window.

Medical Properties Trust, Inc. (NYSE:MPT) has paid $0.09 per share each quarter since December 2025, a modest step up from $0.08, but far below the $0.29 it paid until mid-2023. On a closing price of $3.14 on 9 October 2026, the trailing dividend yield is 11.46%, based on $0.36 of regular dividends with ex-dividend dates from 10 October 2025 to 9 October 2026 inclusive. The indicated annualised regular yield from the latest $0.09 payment is the same 11.46%.

Payments in the window

The four payments were $0.09 each, with ex-dividend dates of 11 December 2025, 12 March 2026, 18 June 2026 and 10 September 2026, and pay dates of 8 January, 9 April, 16 July and 8 October 2026. The record date is treated as the ex-dividend date, since the dividend table lists the two as the same day and US settlement is T+1. Payment follows about four weeks after the record date. No special dividends were found, so all four payments are classed as regular. The $0.08 payment with an 11 September 2025 ex-date falls just outside the window.

A history of reductions

The market-data table shows how far the payout has moved. Quarterly dividends were $0.29 through mid-June 2023, $0.15 from September 2023 to June 2024, $0.08 from September 2024 to September 2025, and $0.09 since December 2025. Each step down was a board decision, and the history shows that a double-digit yield at a low share price can reflect market doubts about the income stream.

Business

Medical Properties Trust is a real estate investment trust that owns hospital and other healthcare facilities and leases them to operators, so its dividend depends on the rent those operators can pay. For a REIT, the relevant measures are funds from operations, or FFO, and adjusted FFO, set against the annual dividend of $0.36 per share. The company changed its ticker on the New York Stock Exchange from MPW to MPT at the open on 2 February 2026.

Rent Collection and FFO Will Decide Whether Nine Cents Holds

The key questions are whether quarterly FFO comfortably exceeds $0.09 per share, how tenants are performing on rent, how much debt comes due and how it is refinanced, and whether the board holds or changes the dividend at its next declaration. A rising payout from a low base is a small step, and it does not remove the risk of further changes.