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

On 11/26/14, 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 12/31/14. As a percentage of RAS.PRB's recent share price of $25.19, this dividend works out to approximately 2.08%, so look for shares of RAS.PRB to trade 2.08% lower — all else being equal — when RAS.PRB shares open for trading on 11/26/14. On an annualized basis, the current yield is approximately 8.31%, which ...