(NYSE:MFA) NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today a correction to the amount of the dividend to be paid on the Company’s outstanding 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for the quarter ending September 30, 2025. In accordance with the terms of the Series C Preferred Stock, the Company will pay a dividend of $0.639521 per share (rather than $0.618890 per share), which represents (a)
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What immediate impact might this dividend correction have on MFA's common and preferred stock prices in the market?
Does this correction suggest any broader changes to MFA's dividend policy or financial health that could influence future trading strategies?
How will the corrected dividend on Series C Preferred Stock affect MFA's yield expectations and demand for the preferred shares?