MFA Financial (MFA) Tops Q1 EPS by 2c

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MFA Financial, Inc. Announces First Quarter 2016 Financial Results

May 4, 2016 8:30 AM EDT

NEW YORK, May 4, 2016 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today announced financial results for the first quarter ended March 31, 2016.

First Quarter 2016 and other highlights:

Generated first quarter net income available to common shareholders of $74.3 million, or $0.20 per common share (based on 370.9 million weighted average common shares outstanding). As of March 31, 2016, book value per common share was $7.17. On April 29, 2016, MFA paid its first quarter 2016 dividend of $0.20 per share of common stock to shareholders of record as of March 28, 2016. MFA acquired an additional $161 million... More