SmarterDividends
MFAN

MFA Financial, Inc. 8.875% Seni

MFAN

Stock · quarterly payer

$25.12

Undervalued · +16% Add to Portfolio

Forward Yield

8.84%

Annual Dividend

$2.22

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about MFAN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, MFA Financial, Inc. 8.875% Seni (MFAN) has a forward dividend yield of 8.84%, based on an annual dividend of $2.22 per share and a share price of $25.12.
  • As of Oct 18, 2026, MFAN's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • MFAN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MFAN's next ex-dividend date is Oct 30, 2026, with payment on Nov 16, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MFAN is $29.05 per share, 16% above the $25.12 share price, so MFAN screens as undervalued.
  • MFA Financial, Inc. 8.875% Seni (MFAN) pays its dividend quarterly, 4 times a year.
  • MFA Financial, Inc. 8.875% Seni (MFAN) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "MFAN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MFAN

Summary

As of Oct 18, 2026, MFA Financial, Inc. 8.875% Seni (MFAN) yields 8.84% ($2.22 a year per share) and has a dividend safety grade of C (63/100).

Is MFAN a good dividend stock?

Yes, with caveats

MFA Financial, Inc. 8.875% Seni (MFAN) pays a quarterly dividend yielding 8.84% ($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
8.84%
Payout Ratio
—
Annual Dividend
$2.22
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 30, 2026
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

MFAN dividend raises and cuts

MFA Financial, Inc. 8.875% Seni (MFAN) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2024. The regular dividend has not changed in that time.

MFAN ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →MFAN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MFAN a good dividend stock?

Yes, with caveats. MFA Financial, Inc. 8.875% Seni (MFAN) pays a quarterly dividend yielding 8.84% ($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.

Is MFAN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MFAN's fair value is about $29.05 versus a $25.12 share price — so it looks undervalued (+16% vs. fair value).

Is MFAN's dividend safe?

MFAN has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MFAN's fair value?

Our blended fair-value estimate for MFAN is about $29.05 per share, roughly 16% above the current $25.12 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MFAN a buy, hold, or sell?

We don't issue formal ratings, but on the data MFAN screens as "yes, with caveats" and undervalued. MFA Financial, Inc. 8.875% Seni (MFAN) pays a quarterly dividend yielding 8.84% ($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. This is research for your own analysis, not investment advice.

Will MFAN cut its dividend?

MFAN earns a dividend-safety grade of C (63/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MFAN pay a dividend?

Yes. MFA Financial, Inc. 8.875% Seni pays a quarterly dividend of about $2.22 per share annually, a forward yield of roughly 8.84%.

What is MFAN's dividend yield?

As of Oct 18, 2026, MFAN's forward dividend yield is 8.84%, based on a $2.22 annual dividend and a $25.12 share price.

What is MFAN's dividend per share?

As of Oct 18, 2026, MFAN pays $2.22 per share per year, distributed on a quarterly basis.

How many years has MFAN grown its dividend?

MFAN does not currently have a long dividend-growth streak on record.

When is the next MFAN ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for MFAN is Oct 30, 2026.