Market Overview

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

RAIT Financial Trust (NYSE: RAS) 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.

See full press release

Posted-In: News Guidance Dividends Management Global

 

Most Popular

Related Articles (RAS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free