◆ Preferred Stock Research

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MFA-P-C NOW TRADING POST CALL DATE

MFA FINANCIAL, INC. · Series C · REIT - Diversified
Also quoted as: MFA-C, MFAprC, MFA.PRC, MFA-PC, MFApC
$22.85
last price

About this security

MFA-P-C is a 6.50% cumulative perpetual preferred stock issued by MFA FINANCIAL, INC., a REIT - Diversified issuer. $25 liquidation preference, current yield 10.75%, 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.

Issuer page — all MFA FINANCIAL, INC. securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below ✓ verified against SEC filing

live page · rendered 09:26:41 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
10.75%
Annual Dividend
$1.6250
Recent Market Price
$22.85
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-06-04
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
6.500%
Call Date
2025-03-31 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
10.75%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
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. REIT - Diversified category (121 issues): yield 10.75% vs avg 8.15% · discount -8.6% vs avg -13.9%

Quote

 MFA-P-C (preferred)MFA (common)
Last $22.85 $9.42
Change
Open$22.91$9.36
High / Low $22.91 / $22.77 $9.44 / $9.29
Prev Close
Volume28,4481,251,068
52-Week High / Low $24.64 / $21.17 $10.56 / $8.78

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

MFA-P-C MFA (common)

Dividend History

Ex-DateAmount / Share
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
2023-09-01$0.406250

Performance — $10K Calculator

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

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

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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-P-B preferred 7.500% 19.88 9.43%
MFAN baby bond 8.875% 25.11 8.84%

News — MFA FINANCIAL, INC.

Issuer news via Tiingo, tagged to MFA.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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