SmarterDividends
MFAO

MFA Financial, Inc. 9.000% Seni

MFAO

Stock · quarterly payer

$25.14

Undervalued · +42% Add to Portfolio

Forward Yield

8.96%

Annual Dividend

$2.25

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about MFAO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, MFA Financial, Inc. 9.000% Seni (MFAO) has a forward dividend yield of 8.96%, based on an annual dividend of $2.25 per share and a share price of $25.14.
  • As of Oct 18, 2026, MFAO's dividend safety grade from SmarterDividends is D (43 out of 100), which rates the dividend as unsafe.
  • MFAO last cut its regular dividend in 2025.
  • MFAO'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, MFAO's 8.96% yield is 28% above its five-year average yield of 7.02%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MFAO is $35.67 per share, 42% above the $25.14 share price, so MFAO screens as undervalued.
  • MFA Financial, Inc. 9.000% Seni (MFAO) pays its dividend quarterly, 4 times a year.
  • MFA Financial, Inc. 9.000% Seni (MFAO) has raised its regular dividend 0 times and cut it 0 times across the 9 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page

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

Summary

As of Oct 18, 2026, MFA Financial, Inc. 9.000% Seni (MFAO) yields 8.96% ($2.25 a year per share) and has a dividend safety grade of D (43/100).

Is MFAO a good dividend stock?

Mixed

MFA Financial, Inc. 9.000% Seni (MFAO) pays a quarterly dividend yielding 8.96% ($2.25/yr), with 0 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 2025
    • Very high yield can signal elevated risk
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    8.96%
    Payout Ratio
    —
    Annual Dividend
    $2.25
    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
    $24.18 – $25.75
    Dividend Safety
    D · 43/100
    Ever Cut?
    Yes (2025)

    MFAO dividend raises and cuts

    MFA Financial, Inc. 9.000% Seni (MFAO) has raised its regular dividend 0 times and cut it 0 times across the 9 payments on record since 2024. The regular dividend has not changed in that time.

    Every MFAO payment →Download every raise and cut (CSV)
    MFAO ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →MFAO dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is MFAO a good dividend stock?

    Mixed. MFA Financial, Inc. 9.000% Seni (MFAO) pays a quarterly dividend yielding 8.96% ($2.25/yr), with 0 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.

    Is MFAO undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MFAO's fair value is about $35.67 versus a $25.14 share price — so it looks undervalued (+42% vs. fair value).

    Is MFAO's dividend safe?

    MFAO has a dividend-safety grade of D (43/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is MFAO's fair value?

    Our blended fair-value estimate for MFAO is about $35.67 per share, roughly 42% above the current $25.14 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is MFAO a buy, hold, or sell?

    We don't issue formal ratings, but on the data MFAO screens as "mixed" and undervalued. MFA Financial, Inc. 9.000% Seni (MFAO) pays a quarterly dividend yielding 8.96% ($2.25/yr), with 0 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. This is research for your own analysis, not investment advice.

    Will MFAO cut its dividend?

    MFAO earns a dividend-safety grade of D (43/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does MFAO pay a dividend?

    Yes. MFA Financial, Inc. 9.000% Seni pays a quarterly dividend of about $2.25 per share annually, a forward yield of roughly 8.96%.

    What is MFAO's dividend yield?

    As of Oct 18, 2026, MFAO's forward dividend yield is 8.96%, based on a $2.25 annual dividend and a $25.14 share price.

    What is MFAO's dividend per share?

    As of Oct 18, 2026, MFAO pays $2.25 per share per year, distributed on a quarterly basis.

    How many years has MFAO grown its dividend?

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

    When is the next MFAO ex-dividend date?

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

    Income Calculator

    At $2.25 / yr per share

    Per payment (quarterly)$56.30
    Annual$225.20
    Monthly avg$18.77

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