NEW YORK ( TheStreet) -- The ex-dividend date for MFA Financial (NYSE: MFA) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $7.37 as of 9:30 a.m. ET, the dividend yield is 29.7%. The average volume for MFA Financial has been 6.1 million shares per day over the past 30 days. MFA Financial has a market cap of $2.5 billion and is part of the financial sector and real estate industry. Shares are down 11.4% 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 7.4, 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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