MFA Financial, Inc.
MFA-PCReal Estate · Stock · quarterly payer
Forward Yield
10.52%
Annual Dividend
$2.38
Payout Ratio
—
5-Yr Growth
4.9%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, MFA Financial, Inc. (MFA-PC) yields 10.52% ($2.38 per share annually), with a blended fair-value estimate of $27.54 — +20% upside, so it screens as undervalued. Dividend safety grade: D (37/100). 1 years of dividend growth.
Is MFA-PC a good dividend stock?
Higher riskMFA Financial, Inc. (MFA-PC) pays a quarterly dividend yielding 10.52% ($2.38/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Never cut its dividend on record
Risks
- 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
- 10.52%
- Payout Ratio
- —
- Annual Dividend
- $2.38
- 5-Yr Avg Growth
- 4.9%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.49
- Market Cap
- —
- P/E Ratio
- 19.5
- 5-Yr Total Return
- -8%
- 52-Week Range
- $21.17 – $24.35
- Dividend Safety
- D · 37/100
- Ever Cut?
- No
Frequently Asked Questions
MFA-PC Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+19%
5 Years
-8%
52-Week Range
$21.17 – $24.35
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 $27.54 per share, versus a market price of $22.94. That implies 20% of upside — a margin of safety of about 17%.
Fair Value
$27.54
Current Price
$22.94
Upside
+20%
Margin of Safety
17%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 11.8% discount rate (CAPM), 3.6% stage-1 growth, 2.5% terminal growth, $1.16 EPS, $2.38 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
Risky
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 |
|---|---|---|---|
| Sep 4, 2026 | — | $0.5967 | regular |
| 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 |
Income Calculator
At $2.38 / yr per share
