Ex-Div Reminder for RAIT Financial Trust's Series B Cumulative Redeemable Preferred Shares

On 8/28/14, 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 9/30/14. As a percentage of RAS.PRB's recent share price of $25.42, this dividend works out to approximately 2.06%, so look for shares of RAS.PRB to trade 2.06% lower — all else being equal — when RAS.PRB shares open for trading on 8/28/14. On an annualized basis, the current yield is approximately 8.24%, which com...