MFA Financial, Inc. /zigman2/quotes/206068630/composite MFA +1.49% . The company has a market capitalization of $1.35 billion and is one of the most popular stocks on Robinhood.
MFA Financial reported $88.4 million in Net Income during the 2Q 2020. The company sold around $3.2 billion of residential mortgage assets and reported $49.5 million in net gains. The company recently finalized a number of financing agreements among them a $500 million in capital raised through a private senior secured loan agreement. In addition, MFA secured around $2 billion worthy of non-mark-to-market term borrowing facilities.
At the close of the quarter GAAP book value was $4.51 per common share.
The company has declared a cash dividend of $0.05 per share of common stock.
Please email or contact usfor any edits or errors relating to this stock market news.
If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.
We will get back to you within 24 hours.
Is there a problem with this press release? Contact the source provider Comtex at email@example.com. You can also contact MarketWatch Customer Service via our Customer Center.