MFA Dividend History & Yield

MFA Financial, Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$6.66
+0.60% today
as of Oct 25, 2026
TTM yield
21.62%
$1.44/share over the last 12 months
Forward yield
21.62%
$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
Jan 4, 2027 Estimated
in 71 days
Next pay date
Jan 18, 2027
in 85 days
Last ex-dividend date
Oct 5, 2026
$0.36 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
673.2M
P/E 6.6
5y dividend CAGR
+0.6%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
28.3
since Jun 26, 1998
1y total return
-11.9%
price -27.5% + dividends 15.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Jan 4, 2027 (in 71 days) Jan 18, 2027 $0.36 $36.00 Estimated
Mon, Apr 5, 2027 (in 162 days) Apr 19, 2027 $0.36 $36.00 Estimated
Mon, Jul 5, 2027 (in 253 days) Jul 19, 2027 $0.36 $36.00 Estimated
Mon, Oct 4, 2027 (in 344 days) Oct 18, 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 Sep 26, 2016 to Oct 5, 2026; most recent $0.36$0.00$0.50$1.00Sep 26, 2016: $0.80Sep '16Dec 23, 2016: $0.80Mar 27, 2017: $0.80Jun 27, 2017: $0.80Sep 27, 2017: $0.80Dec 27, 2017: $0.80Dec '17Mar 28, 2018: $0.80Jun 28, 2018: $0.80Sep 28, 2018: $0.80Dec 27, 2018: $0.80Mar 28, 2019: $0.80Mar '19Jun 28, 2019: $0.80Sep 27, 2019: $0.80Dec 27, 2019: $0.80Mar 30, 2020: $0.80Sep 29, 2020: $0.20Sep '20Dec 29, 2020: $0.30Mar 30, 2021: $0.30Jun 29, 2021: $0.40Sep 29, 2021: $0.40Dec 30, 2021: $0.44Dec '21Mar 21, 2022: $0.44Jun 29, 2022: $0.44Sep 29, 2022: $0.44Dec 29, 2022: $0.35Mar 30, 2023: $0.35Mar '23Jun 29, 2023: $0.35Sep 29, 2023: $0.35Dec 28, 2023: $0.35Mar 27, 2024: $0.35Jun 28, 2024: $0.35Jun '24Sep 27, 2024: $0.35Dec 31, 2024: $0.35Mar 31, 2025: $0.36Jun 30, 2025: $0.36Sep 30, 2025: $0.36Sep '25Dec 31, 2025: $0.36Mar 31, 2026: $0.36Jun 30, 2026: $0.36Oct 5, 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): $1.08$1.082026 YTD

How much MFA do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month834$5,550$1,200
$500 / month4,167$27,750$6,000
$1,000 / month8,334$55,500$12,000

Based on the forward yield of 21.62%. $10,000 in MFA would currently pay about $2,162 a year ($180 a month on average). Model reinvestment and growth →

MFA dividend history

Ex-datePay dateAmountChange
Oct 5, 2026 — $0.36 +0.0%
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%

MFA dividend increases & cuts

Market-wide changes →

No change to MFA's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicElevated risk

MFA scores 50/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years
  • Share price down more than 15% over 1 year

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. 115 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

MFA dividend FAQ

When is MFA's next ex-dividend date?

MFA's next ex-dividend date is Jan 4, 2027 (in 71 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 Jan 18, 2027.

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 Oct 5, 2026.

What is MFA's dividend yield?

MFA's trailing 12-month dividend yield is 21.62%, based on $1.44 per share paid over the last year and a share price of $6.66. The forward yield, using the indicated annual rate of $1.44 per share, is 21.62%.

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 0.6% a year (+0.7% 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 21.62%, you would need about 834 shares of MFA (roughly $5,550 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.

Similar dividend stocks