RAIT Financial Trust Increases Fourth Quarter Cash Dividend on its Common Shares to $0.10 from $0.09

RAIT Financial Trust RAS (“RAIT”) today announced that on December 12, 2012, RAIT's Board of Trustees declared a fourth quarter 2012 cash dividend on RAIT's common shares of $0.10 per common share, representing an 11% increase from the prior quarter's dividend of $0.09 per common share and a 67% increase from the fourth quarter 2011 dividend of $0.06 per common share. The dividend will be paid on January 31, 2013 to holders of record on January 16, 2013. The ex-dividend date is January 14, 2013.