2024-05-28 05:18:42 ET
Summary
- MFA Financial offers a high dividend yield of 13% and trades at a historically large discount to book value.
- The company has made changes to its strategy, including acquiring Lima One and focusing on loan origination.
- While there are concerns about interest spreads and missing out on buybacks, MFA is making progress and isn't bad to hold it if you've got it.
MFA Financial ( MFA ) is a mortgage REIT that has a couple of interesting things going for it right now. Its dividend yield trades at a high 13%, and this also comes with a discount to book value....
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MFA Financial: High Yield But Risk Of Cut Looms