MFA Financial’s Preferred Shares Yield More Than 8.5%: A Closer Look

Current Trading Performance and Comparison to Real Estate Sector

In trading on Tuesday, shares of MFA Financial, Inc.’s 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: MFA.PRB) reached yields exceeding 8.5% based on its quarterly dividend of $1.875 per share, which translates to an annualized figure. That day, shares traded as low as $21.76. In contrast, the average yield in the “Real Estate” preferred stock category stood at 7.66%, according to data from Preferred Stock Channel. At the last close, MFA.PRB was trading at a 10.52% discount to its liquidation preference amount. This is wider than the average discount of 9.08% in the “Real Estate” category.

The chart below illustrates the one-year performance of MFA.PRB shares, compared to MFA common shares:

Below is a chart showing the historical dividend payments for MFA.PRB, detailing the dividend history for MFA Financial, Inc.’s preferred stock:

On Tuesday, MFA Financial, Inc.’s 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: MFA.PRB) was down approximately 0.2% for the day. Meanwhile, the common shares (Symbol: MFA) experienced a decline of about 0.7%.

Additional Resources:

• High Yield Stocks
• RESN Videos
• Top Ten Hedge Funds Holding CPAR

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