Medical Facilities Corp. named a top rated dividend stock — 5 insights

Simply Wall St. listed Medical Facilities Corp., among its top paying TSX dividend stocks.

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Here’s what you should know.

1. Medical Facilities Corp. has a dividend yield of 7.44 percent.

2. The company pays out 70.64 percent of its profits as dividends.

3. Analysts expect the payout ratio to increase to 87.50 percent by 2021.

4. Over the past decade, dividends per share increased drastically from $0.36 per share to $1.13 per share.

5. Medical Facilities Corp., has never missed a dividend during this time.

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