MFA Dividend History & Yield

MFA Financial, Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$8.86
-0.95% today
as of Sep 8, 2026
TTM yield
16.24%
$1.44/share over the last 12 months
Forward yield
16.24%
$1.44/share indicated annual rate
Annual dividend
$1.44
per share, forward
Per payment
$0.36
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 29, 2026 Estimated
in 21 days
Next pay date
Oct 13, 2026
in 35 days
Last ex-dividend date
Jun 30, 2026
$0.36 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
896.1M
P/E 8.8
5y dividend CAGR
+3.7%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
28.2
since Jun 26, 1998
1y total return
+1.0%
price -13.1% + dividends 14.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 29, 2026 (in 21 days) Oct 13, 2026 $0.36 $36.00 Estimated
Tue, Dec 29, 2026 (in 112 days) Jan 12, 2027 $0.36 $36.00 Estimated
Tue, Mar 30, 2027 (in 203 days) Apr 13, 2027 $0.36 $36.00 Estimated
Tue, Jun 29, 2027 (in 294 days) Jul 13, 2027 $0.36 $36.00 Estimated

Estimated dates and amounts are projected from MFA's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.44 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jun 24, 2016 to Jun 30, 2026; most recent $0.36$0.00$0.50$1.00Jun 24, 2016: $0.80Jun '16Sep 26, 2016: $0.80Dec 23, 2016: $0.80Mar 27, 2017: $0.80Jun 27, 2017: $0.80Sep 27, 2017: $0.80Sep '17Dec 27, 2017: $0.80Mar 28, 2018: $0.80Jun 28, 2018: $0.80Sep 28, 2018: $0.80Dec 27, 2018: $0.80Dec '18Mar 28, 2019: $0.80Jun 28, 2019: $0.80Sep 27, 2019: $0.80Dec 27, 2019: $0.80Mar 30, 2020: $0.80Mar '20Sep 29, 2020: $0.20Dec 29, 2020: $0.30Mar 30, 2021: $0.30Jun 29, 2021: $0.40Sep 29, 2021: $0.40Sep '21Dec 30, 2021: $0.44Mar 21, 2022: $0.44Jun 29, 2022: $0.44Sep 29, 2022: $0.44Dec 29, 2022: $0.35Dec '22Mar 30, 2023: $0.35Jun 29, 2023: $0.35Sep 29, 2023: $0.35Dec 28, 2023: $0.35Mar 27, 2024: $0.35Mar '24Jun 28, 2024: $0.35Sep 27, 2024: $0.35Dec 31, 2024: $0.35Mar 31, 2025: $0.36Jun 30, 2025: $0.36Jun '25Sep 30, 2025: $0.36Dec 31, 2025: $0.36Mar 31, 2026: $0.36Jun 30, 2026: $0.36

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $3.20$3.2020172018: $3.20$3.2020182019: $3.20$3.2020192020: $1.30$1.3020202021: $1.54$1.5420212022: $1.67$1.6720222023: $1.40$1.4020232024: $1.40$1.4020242025: $1.44$1.4420252026 (YTD): $0.72$0.722026 YTD

How much MFA do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month834$7,387$1,200
$500 / month4,167$36,937$6,000
$1,000 / month8,334$73,875$12,000

Based on the forward yield of 16.24%. $10,000 in MFA would currently pay about $1,624 a year ($135 a month on average). Model reinvestment and growth →

MFA dividend history

Show recent only
Ex-datePay dateAmountChange
Jun 30, 2026 $0.36 +0.0%
Mar 31, 2026 $0.36 +0.0%
Dec 31, 2025 $0.36 +0.0%
Sep 30, 2025 $0.36 +0.0%
Jun 30, 2025 $0.36 +0.0%
Mar 31, 2025 $0.36 +2.9%
Dec 31, 2024 $0.35 +0.0%
Sep 27, 2024 $0.35 +0.0%
Jun 28, 2024 $0.35 +0.0%
Mar 27, 2024 $0.35 +0.0%
Dec 28, 2023 $0.35 +0.0%
Sep 29, 2023 $0.35 +0.0%
Jun 29, 2023 $0.35 +0.0%
Mar 30, 2023 $0.35 +0.0%
Dec 29, 2022 $0.35 -20.5%
Sep 29, 2022 $0.44 +0.0%
Jun 29, 2022 $0.44 +0.0%
Mar 21, 2022 $0.44 +0.0%
Dec 30, 2021 $0.44 +10.0%
Sep 29, 2021 $0.40 +0.0%
Jun 29, 2021 $0.40 +33.3%
Mar 30, 2021 $0.30 +0.0%
Dec 29, 2020 $0.30 +50.0%
Sep 29, 2020 $0.20 -75.0%
Mar 30, 2020 $0.80 +0.0%
Dec 27, 2019 $0.80 +0.0%
Sep 27, 2019 $0.80 +0.0%
Jun 28, 2019 $0.80 +0.0%
Mar 28, 2019 $0.80 +0.0%
Dec 27, 2018 $0.80 +0.0%
Sep 28, 2018 $0.80 +0.0%
Jun 28, 2018 $0.80 +0.0%
Mar 28, 2018 $0.80 +0.0%
Dec 27, 2017 $0.80 +0.0%
Sep 27, 2017 $0.80 +0.0%
Jun 27, 2017 $0.80 +0.0%
Mar 27, 2017 $0.80 +0.0%
Dec 23, 2016 $0.80 +0.0%
Sep 26, 2016 $0.80 +0.0%
Jun 24, 2016 $0.80 +0.0%
Mar 23, 2016 $0.80 +0.0%
Dec 23, 2015 $0.80 +0.0%
Sep 25, 2015 $0.80 +0.0%
Jun 25, 2015 $0.80 +0.0%
Mar 25, 2015 $0.80 +0.0%
Dec 23, 2014 $0.80 +0.0%
Sep 25, 2014 $0.80 +0.0%
Jun 25, 2014 $0.80 +0.0%
Mar 26, 2014 $0.80 +0.0%
Dec 27, 2013 $0.80 -9.1%
Oct 9, 2013 $0.88 -21.4%
Aug 8, 2013 $1.12 +27.3%
Jul 10, 2013 $0.88 +0.0%
Apr 10, 2013 $0.88 -56.0%
Mar 14, 2013 $2.00 +150.0%
Dec 26, 2012 $0.80 -4.8%
Oct 10, 2012 $0.84 -8.7%
Jul 11, 2012 $0.92 -4.2%
Apr 2, 2012 $0.96 -11.1%
Dec 28, 2011 $1.08 +8.0%
Oct 6, 2011 $1.00 +0.0%
Jul 12, 2011 $1.00 +6.4%
Apr 7, 2011 $0.94 +0.0%
Dec 29, 2010 $0.94 +4.4%
Oct 7, 2010 $0.90 +18.4%
Jul 8, 2010 $0.76 -20.8%
Apr 8, 2010 $0.96 -11.1%
Dec 29, 2009 $1.08 +8.0%
Oct 8, 2009 $1.00 +0.0%
Jul 9, 2009 $1.00 +13.6%
Apr 8, 2009 $0.88 +4.8%
Dec 29, 2008 $0.84 -4.5%
Oct 9, 2008 $0.88 +10.0%
Jul 10, 2008 $0.80 +11.1%
Apr 10, 2008 $0.72 +24.1%
Dec 27, 2007 $0.58 +45.0%
Oct 10, 2007 $0.40 +11.1%
Jul 11, 2007 $0.36 +12.5%
Apr 11, 2007 $0.32 +33.3%
Dec 27, 2006 $0.24 +20.0%
Oct 11, 2006 $0.20 +0.0%
Jul 13, 2006 $0.20 +0.0%
Apr 12, 2006 $0.20 +0.0%
Dec 22, 2005 $0.20 +0.0%
Oct 12, 2005 $0.20 -60.0%
Jul 8, 2005 $0.50 -30.6%
Apr 8, 2005 $0.72 -18.2%
Dec 22, 2004 $0.88 -4.3%
Oct 7, 2004 $0.92 -8.0%
Jul 8, 2004 $1.00 -3.8%
Apr 7, 2004 $1.04 +4.0%
Dec 26, 2003 $1.00 -10.7%
Sep 26, 2003 $1.12 +0.0%
Jun 26, 2003 $1.12 +0.0%
Mar 26, 2003 $1.12 -12.5%
Dec 26, 2002 $1.28 +6.7%
Sep 26, 2002 $1.20 +0.0%
Jun 26, 2002 $1.20 +0.0%
Mar 26, 2002 $1.20 +7.1%
Dec 26, 2001 $1.12 +24.4%
Sep 28, 2001 $0.90 +28.6%
Jun 27, 2001 $0.70 +6.1%
Apr 11, 2001 $0.66 +6.5%
Jan 10, 2001 $0.62 +0.0%
Oct 12, 2000 $0.62 +10.7%
Jun 28, 2000 $0.56 +0.0%
Apr 12, 2000 $0.56 +0.0%
Dec 30, 1999 $0.56 +0.0%
Sep 28, 1999 $0.56 +12.0%
Jun 28, 1999 $0.50 -52.8%
Mar 31, 1999 $1.06 +0.0%
Dec 29, 1998 $1.06 +0.0%
Sep 28, 1998 $1.06 +0.0%
Jun 26, 1998 $1.06

Payout risk check

Yield-trap heuristicModerate risk

MFA scores 45/100 on our yield-trap heuristic (moderate risk).

2 warning flags raised:

  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About MFA Financial, Inc.

MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States. It operates through two segments: Mortgage-Related Assets and Lima One. The Mortgage-Related Assets segment primarily invests in and manages a diversified portfolio of residential whole loans, including nonqualified mortgage loans, business purpose loans such as single-family rental loans, single-family and multifamily transitional loans, legacy re-performing and non-performing loans, and agency-eligible investor loans. This segment also invests in residential mortgage-backed securities, including agency MBS, non-agency MBS, and credit risk transfer securities.

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Jun 26, 1998. 114 payments tracked.

MFA dividend FAQ

When is MFA's next ex-dividend date?

MFA's next ex-dividend date is Sep 29, 2026 (in 21 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.36 per share, expected on Oct 13, 2026.

How often does MFA pay dividends?

MFA pays dividends every quarter, 4 times a year. The most recent payment was $0.36 per share with an ex-date of Jun 30, 2026.

What is MFA's dividend yield?

MFA's trailing 12-month dividend yield is 16.24%, based on $1.44 per share paid over the last year and a share price of $8.86. The forward yield, using the indicated annual rate of $1.44 per share, is 16.24%.

How much does MFA pay per share?

MFA pays about $0.36 per share each quarter, which works out to roughly $1.44 per share a year. 100 shares would collect about $144.00 a year.

Has MFA grown or cut its dividend?

MFA has raised its annual dividend for 1 consecutive year. Over the last 5 years the regular payout has grown at 3.7% a year (+1.4% over the last year). MFA did cut a regular payment within the last 5 years.

How many shares of MFA do I need to earn $100 a month?

At the current forward yield of 16.24%, you would need about 834 shares of MFA (roughly $7,387 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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