MFA Financial's Series B Preferred Stock Crosses Above 9% Yield Territory
September 10, 2020 at 14:09 PM EDT
In trading on Thursday, shares of MFA Financial, Inc.'s 7.50% Series B Cumulative Redeemable Preferred Stock (MFA. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $20.75 on the day.