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MFA'C NOW TRADING POST CALL DATE

MFA Financial, Inc. · Series C · REITs
Also quoted as: MFA-C, MFAprC, MFA.PRC, MFA-PC, MFApC
$22.67
last price · 2026-09-14

About this security

MFA'C is a variable-rate cumulative perpetual preferred stock issued by MFA Financial, Inc., grouped under REITs. $25 liquidation preference, dividend rate currently 9.82% a year (initial rate 6.50%), current yield 10.83%, callable from 2025-03-31.

MFA Financial, Inc.: MFA Financial is an internally managed real estate investment trust (REIT) that specializes in investing in and financing residential mortgage assets. Its core holdings include residential whole loans — such as non-qualified mortgage (Non-QM) loans, legacy reperforming and non-performing loans (RPL/NPL), and business purpose loans (BPLs) — as well as residential mortgage-backed securities (Agency and Non-Agency MBS) and credit risk transfer (CRT) securities. Through its wholly-owned subsidiary Lima One Capital, acquired in July 2021, MFA also originates and services business purpose loans directly to real estate investors on a nationwide basis. The company focuses its investment strategy on residential mortgage credit fundamentals, with an emphasis on credit analysis, prepayment projections, and interest rate sensitivity. Company website

All MFA Financial, Inc. securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:09:13 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
10.83%
Annual Dividend
$2.4554
Current Rate
9.82%
a year, from the latest dividends
Recent Market Price
$22.67
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$2.33 (+10.3%)
Recent Ex-Date
2026-09-04
Pay Frequency
quarterly
Cumulative
Yes
Initial Rate
6.500%
Call Date
2025-03-31 ⚑ callable now
Yield to Call
n/a (callable now)
Yield to Worst
10.83%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No (Limited change-of-control conversion)
Floating Rate
3-mo CME Term SOFR + 0.26161% + 5.345% (floating since 2025-03-31)
Pay Dates
Last day of March, June, September and December
Shares Offered (original)
11,000,000
Issued
2020-02-26
Series
C
Alt. Symbology
MFA-C, MFAprC, MFA.PRC, MFA-PC, MFApC

vs. REITs (132 issues with a current yield): yield 10.83% vs avg 8.43% · discount -9.3% vs avg -15.5%

Quote

 MFA'C (preferred)MFA (common)
As of 2026-09-14 2026-09-14
Last $22.67 $8.46
Change +0.00 (+0.00%) -0.10 (-1.17%)
Open$22.69$8.51
High / Low $22.96 / $22.65 $8.59 / $8.42
Prev Close$22.67$8.56
Volume61,1111,615,211
52-Week High / Low $24.64 / $21.17 $10.56 / $8.42

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

MFA'C MFA (common)

Dividend History

Ex-DateAmount / Share
2026-09-04$0.596650
2026-06-04$0.588100
2026-03-04$0.579910
2025-12-04$0.613850
2025-09-04$0.639521
2025-06-04$0.619110
2025-03-04$0.406250
2024-12-03$0.406250
2024-08-30$0.406250
2024-06-05$0.406250
2024-03-04$0.406250
2023-12-01$0.406250

Performance: $10K Calculator

See what an investment in MFA'C would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for MFA'C →

Prospectus (SEC 424B5)

We are offering shares of our % Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, with a liquidation preference of $25.00 per share, or the Series C Preferred Stock.

Full Prospectus (SEC filing) →

Other Securities from MFA Financial, Inc.

SymbolTypeCouponPriceYield
MFA'B preferred 7.500% 19.89 9.43%
MFAN baby bond 8.875% 25.14 8.83%

News: MFA Financial, Inc.

Issuer news via Tiingo, filtered to stories about MFA.

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