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

Rhea-AI Summary

MFA Financial, Inc. declares dividends on its preferred stocks. The dividend for the Series B Preferred Stock is $0.46875 per share and the dividend for the Series C Preferred Stock is $0.40625 per share. Dividends are payable on June 30, 2023.

Positive

• MFA Financial, Inc. declares dividends on its preferred stocks. The dividend for the Series B Preferred Stock is $0.46875 per share and the dividend for the Series C Preferred Stock is $0.40625 per share. Dividends are payable on June 30, 2023.

Negative

• None.

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 June 30, 2023. This dividend is payable on June 30, 2023, to Series B Preferred stockholders of record as of June 5, 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 June 30, 2023. This dividend is payable on June 30, 2023, to Series C Preferred stockholders of record as of June 5, 2023.

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.

Category: Dividends

View source version on businesswire.com: https://www.businesswire.com/news/home/20230522005056/en/

InvestorRelations@mfafinancial.com

212-207-6488

www.mfafinancial.com

Source: MFA Financial, Inc.

FAQ

What dividends did MFA Financial, Inc. declare?

MFA Financial, Inc. declared dividends 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?

The dividends are payable on June 30, 2023.