MFA Financial, Inc. Announces First Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock
February 20 2024 - 4:15PM
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 March 31, 2024. This
dividend is payable on March 28, 2024, to Series B Preferred
stockholders of record as of March 5, 2024.
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, 2024. This dividend is payable on March 28, 2024, to Series C
Preferred stockholders of record as of March 5, 2024.
MFA Financial, Inc. is a leading specialty finance company that
invests in residential mortgage loans, residential mortgage-backed
securities and other real estate assets. Through its wholly owned
subsidiary, Lima One Capital, MFA also originates and services
business purpose loans for real estate investors. MFA has
distributed over $4.7 billion in dividends to stockholders since
its initial public offering in 1998. MFA is an internally managed,
publicly traded real estate investment trust.
Category: Dividends
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