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

Rhea-AI Summary

MFA Financial, Inc. has declared dividends for its 7.50% Series B and 6.50% Series C Preferred Stocks, both payable on June 30, 2021. The Series B dividend is $0.46875 per share, and the Series C dividend is $0.40625 per share. Record dates for both stocks are June 7, 2021. This announcement reflects the company's ongoing commitment to return value to shareholders while engaging in leveraged investments in residential mortgage assets.

Positive

• Dividends declared demonstrate strong cash flow, supporting shareholder returns.
• Company continues to maintain a stable dividend policy, indicating financial health.

Negative

• None.

NEW YORK, May 24, 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 June 30, 2021.  This dividend is payable on June 30, 2021, to Series B Preferred stockholders of record as of June 7, 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 June 30, 2021.  This dividend is payable on June 30, 2021, to Series C Preferred stockholders of record as of June 7, 2021. 

MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential whole loans and residential mortgage-backed securities.

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

Category: Dividend

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SOURCE MFA Financial, Inc.

FAQ

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

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

When will MFA Financial pay dividends for the Series C Preferred Stock?

Dividends for the Series C Preferred Stock will be paid on June 30, 2021.

What is the record date for receiving dividends for MFA's Series B Preferred Stock?

The record date for Series B Preferred Stock dividends is June 7, 2021.

How often does MFA Financial pay dividends on its preferred stocks?

MFA Financial pays dividends quarterly on its preferred stocks.