MFA Financial, Inc. Announces Third 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 Series B and Series C Preferred Stocks for Q3 2022. The Series B dividend is $0.46875 per share, payable on September 30, 2022, to stockholders of record by September 6, 2022. The Series C dividend is $0.40625 per share, also payable on September 30, 2022, to stockholders of record by September 6, 2022. This decision reinforces the company’s commitment to providing income to its shareholders.

Positive

• Declared a preferred stock dividend of $0.46875 per share for Series B Preferred Stock.
• Declared a preferred stock dividend of $0.40625 per share for Series C Preferred Stock.
• Dividends payable on September 30, 2022, indicate strong cash flow stability.

Negative

• None.

NEW YORK, Aug. 22, 2022 /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 September 30, 2022.  This dividend is payable on September 30, 2022, to Series B Preferred stockholders of record as of September 6, 2022. 

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 September 30, 2022.  This dividend is payable on September 30, 2022, to Series C Preferred stockholders of record as of September 6, 2022. 

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

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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 is the dividend for Series C Preferred Stock payable?

The dividend for Series C Preferred Stock is payable on September 30, 2022.

What are the record dates for the dividends declared by MFA?

The record date for both Series B and Series C dividends is September 6, 2022.

How does MFA Financial generate income for shareholders?

MFA Financial generates income for shareholders through investments in residential mortgage assets and financing.