MFA Financial,
The New York-based company said it needs to delay the report to complete a review of its REIT taxable income calculations for prior periods, including last year.
MFA expects that the review will result in its determining that REIT taxable income for certain prior periods exceeded distributions made to stockholders. The determination of its REIT taxable income for 2012 will most likely not be finalized until the third quarter of 2013.
In a related move, MFA will declare a special cash dividend of 50 cents per share of common stock payable on April 10 to stockholders of record on March 15.
The special dividend will reflect the distribution of all the company’s previously undistributed REIT taxable income for 2010 and 2011, with the remainder available to satisfy a portion of 2012 taxable income undistributed to date.
