Looking at the universe of stocks we cover at Dividend Channel, on 9/26/16, MFA Financial, Inc. (NYSE: MFA) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 10/31/16. As a percentage of MFA's recent stock price of $7.64, this dividend works out to approximately 2.62%, so look for shares of MFA Financial, Inc. to trade 2.62% lower — all else being equal — when MFA shares open for trading on 9/26/16.