Forbes -
25 Feb 2013 20:50

On 2/27/13, MFA Financial, Inc.'s 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: MFA.PRA) will trade ex-dividend, for its quarterly dividend of $0.5312, payable on 4/1/13. As a percentage of MFA.PRA's recent share price of $26.34, this dividend works out to approximately 2.02%, so look for shares of MFA.PRA to trade 2.02% lower -- all else being equal -- when MFA.PRA shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 8.07%, which compares ...
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