MFA Financial Stock To Go Ex-dividend Tomorrow (MFA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for MFA Financial (NYSE: MFA) is tomorrow, March 14, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $9.58 as of 3:56 p.m. ET, the dividend yield is 8.4%.

The average volume for MFA Financial has been 3.2 million shares per day over the past 30 days. MFA Financial has a market cap of $3.4 billion and is part of the financial sector and real estate industry. Shares are up 17.3% year to date as of the close of trading on Tuesday.

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 11.4, 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 solid stock price performance, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, feeble growth in the company's earnings per share and deteriorating net income. You can view the full MFA Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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