On 2/27/13, RAIT Financial Trust's 8.375% Series B Cumulative Redeemable Preferred Shares (NYSE: RAS.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 4/1/13. As a percentage of RAS.PRB's recent share price of $25.04, this dividend works out to approximately 2.09%, so look for shares of RAS.PRB to trade 2.09% lower -- all else being equal -- when RAS.PRB shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 8.38%, which compar...
Ex-Div Reminder for RAIT Financial Trust's Series B Cumulative Redeemable Preferred Shares
Forbes - 25 Feb 2013 21:00
On 2/27/13, RAIT Financial Trust's 8.375% Series B Cumulative Redeemable Preferred Shares (NYSE: RAS.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 4/1/13. As a percentage of RAS.PRB's recent share price of $25.04, this dividend works out to approximately 2.09%, so look for shares of RAS.PRB to trade 2.09% lower -- all else being equal -- when RAS.PRB shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 8.38%, which compar...
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