Company: MFA Financial Inc. (MFA)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company is an internally managed real estate investment trust or REIT. -Morningstar.com-
Symbol: MFA
Recent Price: $10.70
Dividends: $1.40
Yield: 13.09%
Sector: Real Estate
Industry: REIT-Mortgage
Address & Company Phone #: 350 Park Avenue 20th Floor New York NY 10022, 212-207-6400
Transfer Agent: Computershare 866-249-2610
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $10,000/month
Investment Dates: Monthly
Shares to Qualify: 1 Share or $1000
Fees: Div.: 5% of amount invested up to $3 Max Cash: $5 Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $11.90, $8.41