Seeking Alpha

MFA Financial (MFA) declares $0.21/share quarterly dividend. Forward yield 9.87%. For...

MFA Financial (MFA) declares $0.21/share quarterly dividend. Forward yield 9.87%. For shareholders of record Oct 12. Payable Oct 31. Ex-div date Oct 10. (PR)
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  • biznesspf
    , contributor
    Comments (34) | Send Message
     
    I do not understand how the ex-div date is Oct.10, but shareholders of record Oct.12 are paid the dividend Oct. 31?? Doesn't that mean you can buy it on Oct.12 and still received the dividend? Or what?
    1 Oct 2012, 11:13 AM Reply Like
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