Medical Properties Trust (MPW) slashed its dividend from $0.29 to $0.08 per share after multiple tenants struggled to pay rent, exposing a major flaw in its hospital-focused business model. The REIT owns 393 properties but relies on just 53 tenants, making it vulnerable when even a few run into trouble. Although rent coverage has improved recently and the company is stabilizing, its weakened balance sheet and sharp drop in stock price mean significant new growth is unlikely soon. That big 7.4%+ yield comes with real risk—worth knowing for anyone considering MPW.