NEW YORK ( TheStreet) -- The ex-dividend date for MFA Financial (NYSE: MFA) is Monday, April 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $7.56 as of 9:30 a.m. ET, the dividend yield is 12.7%. The average volume for MFA Financial has been 3.4 million shares per day over the past 30 days. MFA Financial has a market cap of $2.52 billion and is part of the financial sector and real estate industry. Shares are up 12.4% year to date as of the close of trading on Thursday. MFA Financial, Inc., a real estate investment trust (REIT), invests in residential agency and non-agency mortgage-backed securities (MBS). The company has a P/E ratio of 8.4, above the average real estate industry P/E ratio of 7.6 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates MFA Financial as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, a generally disappointing performance in the stock itself 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.