Because of rising interest rates, high-yield dividend stocks are worth less. That’s because they’re seen as bond proxies. Additionally, rising interest rates also increase borrowing costs, which would be a drag on companies, particularly ones that have large debt levels.

In the last week, we added to a high-yield dividend stock, Medical Properties Trust (NYSE:MPW) in our RRSP retirement account.
The healthcare REIT is experiencing more headwind than rising interest rates.
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