dividend
confidence high
sentiment positive
materiality 0.60
MFA Financial declares $0.11/share dividend, authorizes $250M share repurchase through 2023
MFA FINANCIAL, INC.
- Dividend $0.11 per share, payable April 29, 2022 to holders of record March 22, 2022.
- Board authorized $250M share repurchase program replacing prior $250M program with ~$25.6M remaining.
- Repurchases may be made in open market, privately, or via Rule 10b5-1 plans through end of 2023.
- Company has ~420.1M shares outstanding; expects to fund repurchases from cash and portfolio run-off.