MFA Financial, Inc - MFA STOCK NEWS

MFA Financial, Inc. (NYSE: MFA) has declared a cash dividend of $0.35 per share for Q4 2022. This dividend will be paid on January 31, 2023, to shareholders on record as of December 30, 2022. MFA specializes in financing residential mortgage assets and invests in various real estate assets, positioning itself as a significant player in the specialty finance sector. The announcement signals ongoing shareholder returns amidst its operational activities in the mortgage finance industry.

MFA Financial, Inc. (NYSE: MFA) announced the declaration of dividends for its Series B and Series C Preferred Stocks. For Series B, a dividend of $0.46875 per share will be paid on December 30, 2022, for stockholders of record as of December 5, 2022. For Series C, the dividend is $0.40625 per share, also payable on December 30, 2022, to those on record by December 5, 2022. MFA specializes in investments in residential mortgage assets and operates as a publicly-traded REIT.

MFA Financial, Inc. (NYSE:MFA) reported a third-quarter 2022 GAAP loss of $63.2 million ($0.62 per share) but achieved distributable earnings of $28.2 million ($0.28 per share). The GAAP book value was $15.31 per share, while economic book value stood at $15.82 per share. The company issued $750 million in securitized debt, maintaining a recourse leverage of 1.7x and $434 million in unrestricted cash. Interest income rose 12% to $114.4 million, with a net interest spread of 1.64%. Despite ongoing market volatility, MFA protected its book value better than peers, emphasizing liquidity and capital preservation.

MFA Financial, Inc. (NYSE: MFA) announced preliminary financial estimates as of September 30, 2022, highlighting a decrease in GAAP book value to between $15.25 and $15.40 per share, down from $16.42 as of June 30, 2022. The Economic book value also declined to between $15.75 and $15.90 from $17.25. The company maintains a strong liquidity position with approximately $435 million in cash and $550 million in unencumbered assets. MFA reported significant fixed-rate financing, with 99% of its debt fixed-rate as of September 30, 2022, and added $650 million in financing capacity for Rehabilitation Loans. A dividend of $0.44 per share was declared for Q3 2022.

MFA Financial, Inc. (NYSE: MFA) has scheduled a live audio webcast for its investor conference call on November 3, 2022, at 10:00 a.m. ET to discuss its Q3 2022 financial results, which will be announced earlier that day. The webcast will be available on MFA's website, requiring attendees to register and install necessary audio software 15 minutes prior. MFA Financial specializes in investing and financing residential mortgage assets, operating as an internally-managed real estate investment trust.

MFA Financial has declared a cash dividend of $0.44 per share for Q3 2022, set to be paid on October 31, 2022, to stockholders on record by September 30, 2022. As a specialty finance company, MFA focuses on investing in residential mortgage assets, including whole loans and mortgage-backed securities. This dividend reflects the company's ongoing commitment to delivering value to its shareholders.

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.

MFA Financial, Inc. reported a GAAP loss of ($108.6 million or ($1.06 per share) for Q2 2022. Distributable Earnings stood at $47.2 million or $0.46 per share. Economic book value decreased by 8.3% to $17.25 per share. Losses on residential loans totaled $216.4 million, partially offset by gains of $132.4 million on securitized debt and derivatives. Interest income rose 3% to $102.4 million, while interest expense increased by $13.4 million. The leverage ratio is at 3.3x debt to equity, with substantial cash reserves of nearly $400 million.

MFA Financial, Inc. (NYSE: MFA) will host a live audio webcast on August 4, 2022, at 11:00 a.m. (Eastern Time) to discuss its second quarter 2022 financial results. The results will be announced earlier that day. Investors can access the webcast via the MFA website by clicking on the "Webcasts & Presentations" link. Participants are encouraged to register at least 15 minutes before the call. An audio replay will be available after the call.