MFA Financial Raises Regular Dividend

MFA Financial will hand out a quarterly dividend for its fiscal Q1 2013. The company will distribute $0.22 per share of its common stock on April 30 to shareholders of record as of April 12. That amount represents an even 10% increase over the previous payout of $0.20, which was paid at the end of January.

Between that disbursement and the current one, the mortgage REIT also dispensed a special dividend. This was $0.50 per share, and it was paid earlier this month.

The new regular dividend annualizes to $0.88 per share. That yields 9.4% at MFA Financial's current stock price of $9.32.

The article MFA Financial Raises Regular Dividend originally appeared on Fool.com.

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