A Yield to Caution

MEDICAL FACILITIES CORP. $16 (Toronto symbol DR; Shares outstanding: 31.0 million; Market cap: $496.0 million; Dividend yield: 7.3%; www.medicalfacilitiescorp. ca) owns majority interest in seven surgical hospitals in South Dakota, Indiana, Oklahoma and Arkansas. The company also has an outpatient surgical clinic in California.
Those profitable… Read More

May I have your opinion, please, on Toronto-based Medical Facilities Corp.? Thanks in advance.

Medical Facilities Corp., $15.65, symbol DR on Toronto (Shares outstanding: 31.3 million; Market cap: $487.8 million, www.medicalfacilitiescorp.ca), owns majority interests in four specialty surgical hospitals in South Dakota, Oklahoma and Arkansas, as well as an ambulatory surgery centre in California.

The specialty hospitals perform scheduled surgical,… Read More

Good morning Pat. I would like your advice on Medical Facilities Corp. They have recently made some changes and I would like to know if you think this is a good company to invest in for the long term. Thanks.

Medical Facilities Corp., $10, symbol DR on Toronto (Shares outstanding: 28.4 million; Market cap: $284.0 million, www.medicalfacilitiescorp.ca), owns majority interests in four specialty surgical hospitals located in South Dakota and Oklahoma, as well as an ambulatory surgery centre in California.

The specialty hospitals perform scheduled… Read More