MFA Financial, Inc. Announces Fourth Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock

Rhea-AI Summary

MFA Financial, Inc. (NYSE: MFA) has announced dividends for its preferred stock for Q4 2021. The Board declared a dividend of $0.46875 per share for the 7.50% Series B Cumulative Redeemable Preferred Stock and $0.40625 per share for the 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. Both dividends are payable on December 31, 2021, to stockholders on record as of December 1, 2021. This highlights the company's ongoing commitment to providing returns to its investors.

Positive

• Declared a quarterly dividend of $0.46875 per share for Series B Preferred Stock.
• Declared a quarterly dividend of $0.40625 per share for Series C Preferred Stock.
• Dividends payable on December 31, 2021, demonstrating financial stability.

Negative

• None.

NEW YORK, Nov. 16, 2021 /PRNewswire/ -- 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, 2021.  This dividend is payable on December 31, 2021, to Series B Preferred stockholders of record as of December 1, 2021. 

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, 2021.  This dividend is payable on December 31, 2021, to Series C Preferred stockholders of record as of December 1, 2021. 

MFA Financial, Inc. is a leading specialty finance company that invests in and finances residential mortgage assets.  MFA invests, on a leveraged basis, in residential whole loans, residential mortgage-backed securities and other real estate assets.  Through its subsidiaries, MFA also originates and services business purpose loans for real estate investors.  MFA is an internally-managed, publicly-traded real estate investment trust.

CONTACT:	InvestorRelations@mfafinancial.com
	212-207-6488
	www.mfafinancial.com

Category: Dividends

 

View original content:https://www.prnewswire.com/news-releases/mfa-financial-inc-announces-fourth-quarter-dividends-on-series-b-preferred-stock-and-series-c-preferred-stock-301424524.html

SOURCE MFA Financial, Inc.

FAQ

What is the dividend amount for MFA's Series B Preferred Stock?

The dividend amount for MFA's Series B Preferred Stock is $0.46875 per share.

When will the dividends for MFA's preferred stock be paid?

The dividends for MFA's preferred stock will be paid on December 31, 2021.

Who is eligible for the MFA preferred stock dividends?

Stockholders of record as of December 1, 2021, are eligible for the MFA preferred stock dividends.

What is the dividend amount for MFA's Series C Preferred Stock?

The dividend amount for MFA's Series C Preferred Stock is $0.40625 per share.