MFA Financial, Inc.
MFA Financial, Inc. (NYSE: MFA) is trading at $8.17, about ₹784 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.13% today. Indian residents can buy MFA Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$8.12
Today's high
$8.24
52 week low
$8.12
52 week high
$10.43
MFA opened at $8.21, closed previously at $8.16, and has traded between $8.12 and $10.43 over the past 52 weeks.
About
MFA Financial, Inc., along with its subsidiary entities, operates as a real estate investment trust (REIT) within the United States. The company strategically allocates capital into various residential mortgage-related assets. These assets include diverse mortgage-backed securities (MBS) such as non-agency, agency, and credit risk transfer instruments. Furthermore, MFA invests in residential whole loans, specifically purchasing performing, credit-deteriorated, and non-performing loans, in addition to assets linked to mortgage servicing rights. Having chosen to be classified as a REIT for tax purposes, the company avoids federal income taxation, contingent upon distributing a minimum of 90% of its taxable income to its shareholders. MFA Financial, Inc. was founded in 1997 and is based in New York, New York.
Key statistics
Avg. volume
1.55M
Market cap
$834.11M
P/E Ratio
6.19
Price-to-sales ratio
1.11
Enterprise value
$12.35B
Free cash flow yield
30.24%
Debt-to-equity ratio
6.56
Return on equity
8.23%
ROIC
5.05%
Beta
1.49
Dividend yield
17.63%
Last dividend
$1.44
Financial overview
Revenue
$875.24M
Earnings per share
$1.71
Free cash flow
$76.25M
Net profit margin
19.71%
Gross margin
82.21%
EBITDA
$690.03M
Revenue growth
213.02%
Similar securities
This is not an investment recommendation
How to buy MFA Financial from India
Indian residents can buy MFA Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for MFA Financial and place an order
Find MFA Financial by name or by its ticker, MFA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. MFA Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MFA Financial position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in MFA Financial from India
Trading and taxes when buying MFA Financial from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. MFA Financial’s current yield is 17.63%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy MFA Financial stock?
Yes. MFA Financial (MFA) has been listed on the New York Stock Exchange since 1998, in the REIT - Mortgage industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one MFA Financial share cost in rupees?
One MFA Financial share is $8.17 — about ₹784 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the MFA Financial price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying MFA Financial from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of MFA Financial?
Yes. One MFA Financial share is $8.17, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in MFA Financial.
How are gains on MFA Financial shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the MFA Financial price. Paasa issues a capital-gains statement for your return.
Does MFA Financial pay a dividend, and how is it taxed in India?
Yes. MFA Financial pays a dividend and the current yield is 17.63%; the last declared dividend was $1.44 per share, about ₹138.12. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade MFA Financial from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on MFA Financial shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare MFA Financial shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your MFA Financial holding, its cost and its closing value.
How do I sell MFA Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.