MFA Financial, Inc.
MFA-PCReal Estate · Stock · quarterly payer
Forward Yield
10.35%
Annual Dividend
$2.42
Payout Ratio
—
5-Yr Growth
4.9%
Ex-Date
Jun 4, 2026
Frequency
Quarterly
Summary
As of July 2026, MFA Financial, Inc. (MFA-PC) yields 10.35% ($2.42 per share annually), with a blended fair-value estimate of $39.14 — +67% upside, so it screens as undervalued. Dividend safety grade: C (65/100). 1 years of dividend growth.
Is MFA-PC a good dividend stock?
Yes, with caveatsMFA Financial, Inc. (MFA-PC) pays a quarterly dividend yielding 10.35% ($2.42/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.35%
- Payout Ratio
- —
- Annual Dividend
- $2.42
- 5-Yr Avg Growth
- 4.9%
- Ex-Dividend Date
- Jun 4, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.50
- Market Cap
- —
- P/E Ratio
- 20.2
- 5-Yr Total Return
- -2%
- 52-Week Range
- $21.17 – $24.64
- Dividend Safety
- C · 65/100
- Ever Cut?
- No
Frequently Asked Questions
MFA-PC Price — Last 12 Months
Daily close
Price Return
1 Year
-4%
3 Years
+19%
5 Years
-2%
52-Week Range
$21.17 – $24.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MFA-PC worth?
Undervaluedlow confidenceOur blended fair-value estimate for MFA Financial, Inc. is $39.14 per share, versus a market price of $23.39. That implies 67% of upside — a margin of safety of about 40%.
Fair Value
$39.14
Current Price
$23.39
Upside
+67%
Margin of Safety
40%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 11.8% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.16 EPS, $2.42 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MFA-PC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 4, 2026 | — | $0.5881 | regular |
| Mar 4, 2026 | — | $0.5799 | regular |
| Dec 4, 2025 | — | $0.6139 | regular |
| Sep 4, 2025 | — | $0.6395 | regular |
| Jun 4, 2025 | — | $0.6191 | regular |
| Mar 4, 2025 | — | $0.4063 | regular |
| Dec 3, 2024 | — | $0.4063 | regular |
| Aug 30, 2024 | — | $0.4063 | regular |
| Jun 5, 2024 | — | $0.4063 | regular |
| Mar 4, 2024 | — | $0.4063 | regular |
| Dec 1, 2023 | — | $0.4063 | regular |
| Sep 1, 2023 | — | $0.4063 | regular |
| Jun 2, 2023 | — | $0.4063 | regular |
| Mar 3, 2023 | — | $0.4063 | regular |
Income Calculator
At $2.42 / yr per share
