Press Release: MFA Financial, Inc. Announces Fourth Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock

Dow Jones
20 Nov 2024

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

NEW YORK--(BUSINESS WIRE)--November 20, 2024-- 

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 December 31, 2024. This dividend is payable on December 31, 2024, to Series B Preferred stockholders of record as of December 3, 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 December 31, 2024. This dividend is payable on December 31, 2024, to Series C Preferred stockholders of record as of December 3, 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 $4.8 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

View source version on businesswire.com: https://www.businesswire.com/news/home/20241118531059/en/

 
    CONTACT:    InvestorRelations@mfafinancial.com 

212-207-6488

www.mfafinancial.com

 
 

(END) Dow Jones Newswires

November 20, 2024 09:00 ET (14:00 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10