MFA Financial, Inc. (NYSE:MFA)

Like this for mREITS

High dividend yields will attract more and more babyboomers as they retire and need cash flows...

Monthly dividend holding up consistently...

Inverse head and shoulders, on the right shoulder and pointing up.

Great investment strategy in RMBS, mainly focused on Agency RMBS, but the non-Agency RMBS help with earnings. Solid dividend due to structure. Solid performance from 2009 - 2011, beating the worst of the housing crisis, so far at least.

Jakila lays out a solid case for MFA and mREIT's: http://caps.fool.com/Blogs/four-mortgage-reits-with/622057

http://seekingalpha.com/article/274554-a-deeper-look-at-mfa-financial-and-its-11-5-dividend-yield?source=email_watchlist

Hybrid of agency and non-agency mortgages, plenty of insider buying. 11% dividend. Not sure how this plays in CAPS as the stock price does not budge much.

Just banking the dividend until rates rise.

div. need a small cap stock

Good dividend.

Dividend and growith is higher than its PE... how can this not be a buy?

I am LOVING REIT's right now!

This is a mortgage REIT which has both agency MBS's and non-agency MBS's. This is a unique hybrid strategy. The agency MBS provide an opportunity to access liquidity if needed; the Treasury has purchased agency MBS's in order to maintain liquidity in the system and now Fannie and Freddie are following suit. The non-agency exposure provides higher returns but also higher risks. Since MFA bought mortgage-backed and other asset-backed securities at a significant discount, the IRS requires them to record that discount into taxable income over time as the securities season. That discount accretion income does not get recorded into GAAP earnings until the securities are actually sold, so GAAP understates (sometimes significantly) the amount that these REITs will be required to distribute as dividends. Hence, earnings are understated.
The risk here is near-term, with the purchase of agency MBS, the spreads have gone out of this market and it may take some time for MFA to replace these assets. Consequently, the dividend may be reduced temporarily form the current $1.08 to perhaps 95 cents to $1.00, still providing a very healthy yield.
Trading below book value, I expect that this will trade at a slight premium (perhaps 120% of BV) with a growing dividend stream following the potential "hiccup."

LIKE MONEY ? Around (10% ) Great Dividend ! Low Price ! Makes Profits ! Safety Net below ! Check IT Out !!!

Time to take a bit of risk in this market. Looking at high dividend paying stocks, stocks that may take advantage of mortgage problems and the low interest rate market, I came across two that interest me. MFA is one. A real estate investment trust, this company must pay out a majority of their profits to shareholders. As a result, we are looking at a stock paying a 14% dividend. What really struck me was that the company has a book value of $7.90, which places my entry price below book value. Though they invest in mortgage backed securities, they do so with government agencies that insure the mortgages. Combine this with a relatively low debt level, and we may have something going on here.

With Fannie and Freddie basically receiving unlmited Federal backing, look for MFa to move more and more aggressively towards shifting it's balance sheet towards them, which frees up cash and delivers amazing returns

The company has withstood the recent market downturn in line with the S&P and its 2 year performance is slightly ahead of the latter. With the R/E market picking up over the near future, and the spread between long and short term financing most likely widening, their earnings should improve.
If the stock drops to $1.00 as one Bear pitch suggests, I will load up 10 fold to my current position.

Solid dividend yield.

Nice drop today, making this dividend paying stock even more attractive....