NEW YORK ( TheStreet) -- The ex-dividend date for MFA Financial (NYSE: MFA) is tomorrow, July 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $8.33 as of 9:32 a.m. ET, the dividend yield is 12.1%. The average volume for MFA Financial has been 4.7 million shares per day over the past 30 days. MFA Financial has a market cap of $3 billion and is part of the financial sector and real estate industry. Shares are up 2.2% year to date as of the close of trading on Friday. MFA Financial, Inc., a real estate investment trust (REIT), primarily invests in mortgage-backed securities (MBS) that include hybrid and adjustable-rate MBS. The company has a P/E ratio of 9.1, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates MFA Financial as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full MFA Financial Ratings Report. See our dividend calendar or top-yielding stocks list.