RAIT Financial Trust Raises Q4 Cash Dividend 7% to $0.16/Share

RAIT Financial Trust

today announced that on December 12, 2013, RAIT's Board of Trustees declared a fourth quarter 2013 cash dividend on RAIT's common shares of $0.16 per common share, representing a 7% increase from the prior quarter's dividend of $0.15 per common share and a 60% increase from the fourth quarter 2012 dividend of $0.10 per common share. The dividend will be paid on January 31, 2014 to holders of record on January 7, 2014. The ex-dividend date is January 3, 2014.