MFA Financial, Inc.
MFAReal Estate · Stock · quarterly payer
$9.26
Add to PortfolioForward Yield
15.55%
Annual Dividend
$1.44
Payout Ratio
164%
5-Yr Growth
3.7%
Ex-Date
Mar 31, 2026
Frequency
Quarterly
MFA Dividend Safety Score
46/ 100
Grade D
Risky
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage164% of earnings paid out
Balance-sheet strengthDebt/equity of 6.26
Yield vs its historyYield in line with its history
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
Is MFA a good dividend stock?
MixedMFA Financial, Inc. (MFA) pays a quarterly dividend yielding 15.55% ($1.44/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (164%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 15.55%
- Payout Ratio
- 164%
- Annual Dividend
- $1.44
- 5-Yr Avg Growth
- 3.7%
- Ex-Dividend Date
- Mar 31, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 1.50
- Market Cap
- $945.4M
- P/E Ratio
- 10.5
- 5-Yr Total Return
- -49%
- 52-Week Range
- $8.78 – $10.57
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.3600 | regular |
| Dec 31, 2025 | — | $0.3600 | regular |
| Sep 30, 2025 | — | $0.3600 | regular |
| Jun 30, 2025 | — | $0.3600 | regular |
| Mar 31, 2025 | — | $0.3600 | regular |
| Dec 31, 2024 | — | $0.3500 | regular |
| Sep 27, 2024 | — | $0.3500 | regular |
| Jun 28, 2024 | — | $0.3500 | regular |
| Mar 27, 2024 | — | $0.3500 | regular |
| Dec 28, 2023 | — | $0.3500 | regular |
| Sep 29, 2023 | — | $0.3500 | regular |
| Jun 29, 2023 | — | $0.3500 | regular |
| Mar 30, 2023 | — | $0.3500 | regular |
| Dec 29, 2022 | — | $0.3500 | regular |
Income Calculator
At $1.44 / yr per share
Per payment (quarterly)$36.00
Annual$144.00
Monthly avg$12.00
