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MFA Financial's Series B Preferred Stock Crosses Above 11% Yield Territory

Source: Nasdaq

Capital Returns (Dividends / Buybacks)Credit & Bond Markets

MFA Financial’s 7.50% Series B preferred shares (MFA.PRB) yielded above 11% on Tuesday, based on an annualized quarterly dividend of $1.875. The shares traded as low as $16.95; the article reports no broader market reaction.

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