MFA Financial 6.50% Series C Fix/Float Cumulative Redeemable Preferred Stock ( MFA PRC )

Today we will represent you a preferred stock with a stable dividend that will significantly increase soon, and with a good potential for capital gain.

MFA Financial, Inc., 6.50% Series C Fixed to Floating Cumulative Redeemable Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on or after 31 March 2025 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 6.50% per annum ($1.625 per annum or $0.40625 per quarter) will be paid quarterly on 31 Mar, 30 June, 30 Sept & 31 Dec.