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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.