MFA Financial Series B Preferred Shares Cross 8% Yield Threshold

0

IIn Thursday’s session, MFA Financial, Inc.’s 7.50% Cumulative Redeemable Preferred Share Series B (ticker: MFA.PRB) was selling above the 8% mark based on its dividend quarterly (annualized to $1.875), with shares changing hands as low as $23.25 on the day. That compares to an average return of 6.20% in the REIT preferred stock category, according to Preferred Stock Channel. As of last close, MFA.PRB was trading at a 5.16% discount to its preferential liquidation amount, compared to an average discount of 26.20% in the “REIT” category.

Below is a historical dividend chart for MFA.PRB, showing historical dividend payments on MFA Financial, Inc. Series B 7.50% Cumulative Redeemable Preferred Shares:

MFA.PRB+Dividend+Historical+Chart

In Thursday’s trading, MFA Financial, Inc.’s 7.50% Cumulative Redeemable Preferred Share Series B (ticker: MFA.PRB) is currently down about 1.9% on the day, while common shares (symbol: MFA) are down about 0.8%. .

Click here to check out the top 50 favorites »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Share.

Comments are closed.