On Wednesday, June 27, before the markets opened, MFA Financial, Inc. (MFA) declared a cash dividend of $0.23 per share of common stock for the second quarter of 2012. The dividend will be paid on July 31, to stockholders of record on July 13, with an ex-dividend date of July 11.
This newly announced dividend is two cents or eight percent below the $0.25 MFA paid out for the second quarter of 2011, and one cent below the Q1 2012 dividend of $0.24. Though this is a reduction compared to its prior quarterly payout and the payout for the same quarter last year, these reductions are less significant than the cuts have been for the dividends of its peers.
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