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MFA Financial, Inc. Announces Fourth Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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dividends
Rhea-AI Summary
MFA Financial, Inc. (MFA) declares dividends on its Series B and Series C preferred stocks for the quarter ending December 31, 2023. The Board of Directors has declared a preferred stock dividend of $0.46875 per share for Series B and $0.40625 per share for Series C, payable on December 29, 2023. MFA is a specialty finance company investing in residential mortgage loans, residential mortgage-backed securities, and other real estate assets. It has distributed over $4.7 billion in dividends to stockholders since its IPO in 1998.
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NEW YORK--(BUSINESS WIRE)--
MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today that its Board of Directors has declared the payment of dividends on the Company’s outstanding 7.50% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”).
In accordance with the terms of the Series B Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.46875 per share for the quarter ending December 31, 2023. This dividend is payable on December 29, 2023, to Series B Preferred stockholders of record as of December 4, 2023.
In addition, in accordance with the terms of the Series C Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.40625 per share for the quarter ending December 31, 2023. This dividend is payable on December 29, 2023, to Series C Preferred stockholders of record as of December 4, 2023.
MFA Financial, Inc. is a leading specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Through its wholly owned subsidiary, Lima One Capital, MFA also originates and services business purpose loans for real estate investors. MFA has distributed over $4.7 billion in dividends to stockholders since its initial public offering in 1998. MFA is an internally managed, publicly-traded real estate investment trust.
What dividends has MFA Financial, Inc. (MFA) declared for the quarter ending December 31, 2023?
The Board of Directors has declared a preferred stock dividend of $0.46875 per share for the Series B Preferred Stock and $0.40625 per share for the Series C Preferred Stock.
When are the dividends payable to MFA Financial, Inc. (MFA) stockholders?
The dividends are payable on December 29, 2023.
What does MFA Financial, Inc. (MFA) specialize in?
MFA is a specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities, and other real estate assets. It also originates and services business purpose loans for real estate investors through its subsidiary, Lima One Capital.
How much has MFA Financial, Inc. (MFA) distributed in dividends to stockholders since its IPO?
MFA has distributed over $4.7 billion in dividends to stockholders since its initial public offering in 1998.
