The $0.5881 payout on MFA.PR.C shares reflects a 9.95% forward yield, payable June 30 to holders of record June 4.
MFA Financial has declared a $0.5881 per share quarterly dividend for its Series C cumulative redeemable preferred stock. The payout equates to a 9.95% forward yield based on current trading levels.
The dividend will be distributed on June 30 to shareholders of record as of June 4, with an ex-dividend date also set for June 4. The announcement follows the company’s standard quarterly dividend schedule.
No immediate market reaction was disclosed following the announcement.