MFA Financial, Inc. Announces First Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock
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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 March 31, 2023. This dividend is payable on March 31, 2023, to Series B Preferred stockholders of record as of March 6, 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 March 31, 2023. This dividend is payable on March 31, 2023, to Series C Preferred stockholders of record as of March 6, 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
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