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MFA FinancialMFA -0.34%24 5-Year Yield-on-Cost % is 32.28 as of Aug. 22, 2026, which is 42% above its 10-year median of 22.69. GuruFocus rates MFA with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 855 REITs companies, MFA Financial ranks better than 96.26% on this metric.
MFA Financial's yield on cost for the quarter that ended in Jun. 2026 was 32.28.
The historical rank and industry rank for MFA Financial's 5-Year Yield-on-Cost % or its related term are showing as below:
MFA'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.82 Med: 22.69 Max: 109.77
Current: 32.28
During the past 13 years, MFA Financial's highest Yield on Cost was 109.77. The lowest was 5.82. And the median was 22.69.
MFA's 5-Year Yield-on-Cost % is ranked better than 96.26% of 855
companies
in the REITs industry
Industry Median: 7.43
vs MFA: 32.28
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
MFA Financial 5-Year Yield-on-Cost % Related Terms
MFA vs ABR, ARI, PMT: 5-Year Yield-on-Cost % Comparison
For the REIT - Mortgage subindustry, MFA Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MFA Financial 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, MFA Financial's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where MFA Financial's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of MFA Financial is calculated as
MFA Financial (MFA) has a 5-Year Yield-on-Cost % of 32.28 as of Aug. 22, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on MFA Financial and its competitors. This is 42% above median its historical median of 22.69. Over the past decade, MFA Financial's 5-Year Yield-on-Cost % has ranged from 5.82 to 109.77. According to the industry distribution chart, MFA Financial ranks #32 out of 855 companies in the REITs industry, placing it in the top 3.7%.
Is MFA Financial's 5-Year Yield-on-Cost % too high?
MFA Financial's current 5-Year Yield-on-Cost % of 32.28 is 42% above median its 10-year median of 22.69. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 109.77. The REITs industry median 5-Year Yield-on-Cost % is 7.43. MFA Financial's value of 32.28 is 334.5% above this industry median. Based on the distribution chart, MFA Financial ranks #32 out of 855 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, MFA Financial has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does MFA Financial's 5-Year Yield-on-Cost % compare to ABR and ARI?
According to the REITs industry distribution chart, MFA Financial ranks #32 out of 855 companies for 5-Year Yield-on-Cost %. This places MFA Financial in the top 4% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 7.43. MFA Financial's value of 32.28 is 334.5% above this benchmark. Historically, MFA Financial's own 5-Year Yield-on-Cost % has ranged from 5.82 to 109.77 over the past decade. While the company's 10-year median is 22.69 vs. the industry median of 7.43, MFA Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.43, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MFA Financial's current 5-Year Yield-on-Cost % of 32.28 is 334.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on MFA Financial and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFA Financial's current 5-Year Yield-on-Cost % is 32.28, which is 42% above median its own 10-year median of 22.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFA Financial stock overvalued right now?
MFA Financial (MFA) has a current 5-Year Yield-on-Cost % of 32.28. The current 5-Year Yield-on-Cost % is 32.28, which is 42% above median its 10-year median of 22.69 and 334.5% above the REITs industry median of 7.43. MFA Financial's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For MFA Financial (MFA), the current 5-Year Yield-on-Cost % is 32.28 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company's reportable segments include mortgage-related assets; and Lima One.
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