MFA Financial, Inc. 8.875% Seni
MFANStock · quarterly payer
Forward Yield
8.71%
Annual Dividend
$2.22
Payout Ratio
—
5-Yr Growth
—
Ex-Date
—
Frequency
Quarterly
Summary
As of July 2026, MFA Financial, Inc. 8.875% Seni (MFAN) yields 8.71% ($2.22 per share annually), with a blended fair-value estimate of $27.49 — +8% upside, so it screens as fairly valued. Dividend safety grade: C (63/100).
Is MFAN a good dividend stock?
Yes, with caveatsMFA Financial, Inc. 8.875% Seni (MFAN) pays a quarterly dividend yielding 8.71% ($2.22/yr), with 0 years 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
Key Data
- Dividend Yield
- 8.71%
- Payout Ratio
- —
- Annual Dividend
- $2.22
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $24.44 – $25.75
- Dividend Safety
- C · 63/100
- Ever Cut?
- No
Frequently Asked Questions
MFAN Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
—
5 Years
—
52-Week Range
$24.44 – $25.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MFAN worth?
Fairly valuedlow confidenceOur blended fair-value estimate for MFA Financial, Inc. 8.875% Seni is $27.49 per share, versus a market price of $25.49. That implies the stock is roughly fairly priced.
Fair Value
$27.49
Current Price
$25.49
Gap
+8%
Margin of Safety
7%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.22 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MFAN 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 |
|---|---|---|---|
| May 1, 2026 | — | $0.5550 | regular |
| Jan 30, 2026 | — | $0.5550 | regular |
| Oct 31, 2025 | — | $0.5550 | regular |
| Aug 1, 2025 | — | $0.5550 | regular |
| May 1, 2025 | — | $0.5550 | regular |
| Jan 31, 2025 | — | $0.5550 | regular |
| Nov 1, 2024 | — | $0.5550 | regular |
| Aug 1, 2024 | — | $0.5550 | regular |
| Apr 30, 2024 | — | $0.7640 | regular |
Income Calculator
At $2.22 / yr per share




