MFA Financial, Inc. (MFA) Dividend History

NYSE: MFAYield, payment dates, growth and payout ratio.

MFA latest dividend

$0.36last dividend per share
Ex-dividend dateOct 5Monday, 2026
Payment dateOct 30Friday, 2026

The next dividend has not been announced yet.

  • 1 yearsof dividend increases
  • 1998paying since
  • Quarterly4 payments a year
  • +2.1%5-year growth a year
  • 21.85%forward yield

MFA dividend income calculator

Dividend income a year
$144
Each payment
$36
Value of the shares
$659
Dividend yield
21.85%

At the latest close; forward annual dividend $1.44 per share, before tax.

MFA dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MFA dividend safety

Payout ratio (earnings)128.6%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)52.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+2.1%
Slow growth · a year on average
Years of increases1
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MFA yield on cost

MFA Financial, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$9.0615.89%$1.4415.9%
3 years ago$9.0215.96%$4.2747.3%
5 years ago$18.607.74%$7.4339.9%
10 years ago$29.164.94%$20.2369.4%
20 years ago$29.484.88%$55.79189.2%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MFA dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

MFA dividends by year

MFA Financial, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.44+2.9%15.47%4
2024$1.400.0%13.74%4
2023$1.40−16.2%12.42%4
2022$1.67+8.4%16.95%4
2021$1.54—8.44%4
2020$1.30−59.4%8.35%3
2019$3.200.0%10.46%4
2018$3.200.0%11.98%4
2017$3.200.0%10.10%4
2016$3.200.0%10.48%4
2015$3.200.0%12.12%4
2014$3.20−51.2%10.01%4
2013$6.56—23.23%6
2012$3.52−12.4%10.85%4
2011$4.02+12.9%14.96%4
2010$3.56−10.1%10.91%4
2009$3.96+22.2%13.47%4
2008$3.24+95.2%13.75%4
2007$1.66+97.6%4.49%4
2006$0.84—2.73%4

MFA dividend history

115 payments
MFA Financial, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-10-052026-10-30$0.36—Quarterly
2026-06-302026-07-31$0.36—Quarterly
2026-03-312026-04-30$0.36—Quarterly
2025-12-312026-01-30$0.36—Quarterly
2025-09-302025-10-31$0.36—Quarterly
2025-06-302025-07-31$0.36—Quarterly
2025-03-312025-04-30$0.36+2.9%Quarterly
2024-12-312025-01-31$0.35—Quarterly
2024-09-272024-10-31$0.35—Quarterly
2024-06-282024-07-31$0.35—Quarterly
2024-03-272024-04-30$0.35—Quarterly
2023-12-282024-01-31$0.35—Quarterly
2023-09-292023-10-31$0.35—Quarterly
2023-06-292023-07-31$0.35—Quarterly
2023-03-302023-04-28$0.35—Quarterly
2022-12-292023-01-31$0.35−20.5%Quarterly
Show all 115 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-292022-10-31$0.44—Quarterly
2022-06-292022-07-29$0.44—Quarterly
2022-03-212022-04-29$0.44—Quarterly
2021-12-302022-01-31$0.44+10.0%Quarterly
2021-09-292021-10-29$0.4—Quarterly
2021-06-292021-07-30$0.4+33.3%Quarterly
2021-03-302021-04-30$0.3—Quarterly
2020-12-292021-01-29$0.3+50.0%Quarterly
2020-09-292020-10-30$0.2−75.0%Quarterly
2020-03-302020-04-30$0.8—Quarterly
2019-12-272020-01-31$0.8—Quarterly
2019-09-272019-10-31$0.8—Quarterly
2019-06-282019-07-31$0.8—Quarterly
2019-03-282019-04-30$0.8—Quarterly
2018-12-272019-01-31$0.8—Quarterly
2018-09-282018-10-31$0.8—Quarterly
2018-06-282018-07-31$0.8—Quarterly
2018-03-282018-04-30$0.8—Quarterly
2017-12-272018-01-31$0.8—Quarterly
2017-09-272017-10-31$0.8—Quarterly
2017-06-272017-07-28$0.8—Quarterly
2017-03-272017-04-28$0.8—Quarterly
2016-12-232017-01-31$0.8—Quarterly
2016-09-262016-10-31$0.8—Quarterly
2016-06-242016-07-29$0.8—Quarterly
2016-03-232016-04-29$0.8—Quarterly
2015-12-232016-01-29$0.8—Quarterly
2015-09-252015-10-30$0.8—Quarterly
2015-06-252015-07-31$0.8—Quarterly
2015-03-252015-04-30$0.8—Quarterly
2014-12-232015-01-30$0.8—Quarterly
2014-09-252014-10-31$0.8—Quarterly
2014-06-252014-07-31$0.8—Quarterly
2014-03-262014-04-30$0.8—Quarterly
2013-12-272014-01-31$0.8−9.1%Quarterly
2013-10-092013-10-31$0.88−21.4%Quarterly
2013-08-082013-08-30$1.12+27.3%
2013-07-102013-07-31$0.88—Quarterly
2013-04-102013-04-30$0.88−56.0%Quarterly
2013-03-142013-04-10$2.00+150.0%
2012-12-262013-01-31$0.8−4.8%Quarterly
2012-10-102012-10-31$0.84−8.7%Quarterly
2012-07-112012-07-31$0.92−4.2%Quarterly
2012-04-022012-04-30$0.96−11.1%Quarterly
2011-12-282012-01-31$1.08+8.0%Quarterly
2011-10-062011-10-31$1.00—Quarterly
2011-07-122011-07-29$1.00+6.4%Quarterly
2011-04-072011-04-29$0.94—Quarterly
2010-12-292011-01-31$0.94+4.4%Quarterly
2010-10-072010-10-29$0.9+18.4%Quarterly
2010-07-082010-07-30$0.76−20.8%Quarterly
2010-04-082010-04-30$0.96−11.1%Quarterly
2009-12-292010-01-29$1.08+8.0%Quarterly
2009-10-082009-10-30$1.00—Quarterly
2009-07-092009-07-31$1.00+13.6%Quarterly
2009-04-082009-04-30$0.88+4.8%Quarterly
2008-12-292009-01-30$0.84−4.5%Quarterly
2008-10-092008-10-31$0.88+10.0%Quarterly
2008-07-102008-07-31$0.8+11.1%Quarterly
2008-04-102008-04-30$0.72+24.1%Quarterly
2007-12-272008-01-31$0.58+45.0%Quarterly
2007-10-102007-10-31$0.4+11.1%Quarterly
2007-07-112007-07-31$0.36+12.5%Quarterly
2007-04-112007-04-30$0.32+33.3%Quarterly
2006-12-272007-01-31$0.24+20.0%Quarterly
2006-10-112006-10-31$0.2—Quarterly
2006-07-132006-07-31$0.2—Quarterly
2006-04-122006-04-28$0.2—Quarterly
2005-12-222006-01-31$0.2—Quarterly
2005-10-122005-10-28$0.2−60.0%Quarterly
2005-07-082005-07-29$0.5−30.6%Quarterly
2005-04-082005-04-29$0.72−18.2%Quarterly
2004-12-222005-01-31$0.88−4.3%Quarterly
2004-10-072004-10-29$0.92−8.0%Quarterly
2004-07-082004-07-30$1.00−3.8%Quarterly
2004-04-072004-04-30$1.04+4.0%Quarterly
2003-12-262004-01-30$1.00−10.7%Quarterly
2003-09-262003-10-31$1.12—Quarterly
2003-06-262003-07-31$1.12—Quarterly
2003-03-262003-04-30$1.12−12.5%Quarterly
2002-12-262003-01-24$1.28+6.7%Quarterly
2002-09-262002-10-30$1.20—Quarterly
2002-06-262002-07-30$1.20—Quarterly
2002-03-262002-04-30$1.20+7.1%Quarterly
2001-12-262002-01-30$1.12+24.4%Quarterly
2001-09-282001-10-18$0.9+28.6%Quarterly
2001-06-272001-07-16$0.7+6.1%Quarterly
2001-04-112001-04-30$0.66+6.5%Quarterly
2001-01-102001-01-30$0.62—Quarterly
2000-10-122000-11-17$0.62+10.7%Quarterly
2000-06-282000-08-17$0.56—Quarterly
2000-04-122000-05-17$0.56—Quarterly
1999-12-302000-02-18$0.56—Quarterly
1999-09-281999-11-17$0.56+12.0%Quarterly
1999-06-281999-08-17$0.5−52.8%Quarterly
1999-03-311999-05-17$1.06—Quarterly
1998-12-291999-02-19$1.06—Quarterly
1998-09-281998-11-16$1.06—Quarterly
1998-06-261998-08-14$1.06—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MFA stock split history

  • 1:4April 5, 2022

MFA dividend overview

MFA Financial pays an annual dividend of $1.44 per share, a yield of 21.85% at the latest close, paid quarterly. It paid $1.44 per share in 2025, up 2.9% from 2024. Over five years the dividend grew 2.1% a year on average and over ten years −7.7% a year. The payout ratio is 128.6% of trailing earnings.

Related: MFA cash flow statement, MFA key metrics, MFA chart. See the MFA stock overview for the latest quote and news.

MFA dividends FAQ

Does MFA Financial pay a dividend?

Yes. MFA Financial has paid a regular dividend since 1998, quarterly, most recently $0.36 per share with an ex-dividend date of October 5, 2026.

What is MFA Financial's dividend yield?

MFA Financial's forward annual dividend is $1.44 per share, a dividend yield of 21.85% at the latest close of $6.59.

How often does MFA Financial pay dividends?

MFA Financial pays dividends quarterly.

How fast is MFA Financial's dividend growing?

MFA Financial's dividend per share grew from $1.30 in 2020 to $1.44 in 2025, 2.1% a year on average over five years.

What is MFA Financial's dividend payout ratio?

MFA Financial pays out 128.6% of its trailing earnings as dividends and 52.9% of its free cash flow (fiscal 2025).

Has MFA Financial split its stock?

MFA Financial has split its stock 1 time: 1:4 on April 5, 2022. Dividends per share on this page are adjusted for splits.

REIT - Mortgage: dividends