MFA Financial, Inc. (MFA) Dividend
MFA Financial, Inc. (MFA) currently pays a dividend yield of 21.75%, distributing $1.44 per share annually ($0.36 per quarter). The company operates in the Real Estate sector.
MFA has raised its dividend for 1 consecutive years.
MFA dividend at a glance
| Dividend Yield | 21.75% |
|---|---|
| Annual Dividend | $1.44 per share |
| Per Payment | $0.36 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | January 5, 2027 |
| Next Payment Date | October 30, 2026 |
| Payout Ratio | 143% |
| Consecutive Years of Dividend Growth | 1 |
| Sector | Real Estate |
| Implied Share Price (from yield) | $6.62 |
What MFA pays on a $10,000 investment
At a 21.75% yield, $10,000 invested in MFA generates about $2,175.00 per year, or roughly $543.75 every quarter. Share counts below use an implied price of $6.62, derived from the $1.44 annual dividend and the 21.75% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 151 | $217.50 | $54.38 |
| $5,000 | 755.2 | $1,087.50 | $271.88 |
| $10,000 | 1,510.4 | $2,175.00 | $543.75 |
| $25,000 | 3,776 | $5,437.50 | $1,359.38 |
| $100,000 | 15,104.2 | $21,750.00 | $5,437.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
MFA dividend payment schedule
MFA pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is January 5, 2027, with payment on October 30, 2026. Later rows are projected forward at the same interval and will shift when MFA Financial, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| January 5, 2027 | October 30, 2026 | $0.36 | Confirmed |
| April 5, 2027 | January 28, 2027 | $0.36 | Projected |
| July 5, 2027 | April 29, 2027 | $0.36 | Projected |
| October 5, 2027 | July 30, 2027 | $0.36 | Projected |
To collect a MFA dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MFA's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. MFA's 21.75% is 18.18 percentage points above that median, ranking 109th of 1000 by yield.
Within Real Estate, where we track 87 names, the median yield is 6.39% — putting MFA above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 1-year run of dividend increases ranks 507th out of the 553 names in our data with an active growth streak.
What the numbers mean
MFA pays out roughly 143% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, MFA distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MFA dividend FAQ
When is the next MFA ex-dividend date?
The next MFA ex-dividend date is January 5, 2027, with the payment scheduled for October 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MFA's dividend yield?
MFA currently yields 21.75%, based on $1.44 in dividends per share over the past year.
How often does MFA pay dividends?
MFA pays quarterly, which works out to 4 payments per year of about $0.36 per share.
How much dividend income would $10,000 of MFA generate?
At the current 21.75% yield, $10,000 invested in MFA would produce roughly $2,175.00 per year, or about $543.75 per quarter, before taxes and assuming the dividend holds.
Has MFA increased its dividend?
Yes — MFA has raised its dividend for 1 consecutive years.
MFA dividend history
DivTrkr holds 115 recorded MFA dividend payments going back to 1998, with 1 consecutive complete year of increases. See the full MFA dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Real Estate dividend payers
- IVR — Invesco Mortgage Capital dividend (26.09%)
- RWT — Redwood Trust, Inc. dividend (23.08%)
- ABR — Arbor Realty Trust, Inc. dividend (22.97%)
- ARR — ARMOUR Residential REIT dividend (22.70%)
- ORC — Orchid Island Capital, Inc. dividend (22.26%)
- SUNS — Sunrise Realty Trust, Inc. dividend (18.90%)
- DX — Dynex Capital, Inc. dividend (18.46%)
- SEVN — Seven Hills Realty Trust dividend (18.15%)
Similar yields to MFA
- BBDO — Banco Bradesco S.A. dividend (21.94%)
- TMGN — Tappalpha Cboe Magnificent 10 Growth & Daily Income ETF dividend (21.43%)
- ORC — Orchid Island Capital, Inc. dividend (22.26%)
- QDTE — Roundhill Innovation-100 0DTE Covered Call Strategy ETF dividend (21.01%)
- RDTE — Roundhill Russell 2000 0DTE Cov dividend (20.96%)
- GECC — Great Elm Capital Corp. dividend (20.83%)
Track MFA dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.