RAIT Financial Trust (RAS) Ex-Dividend Date Scheduled for July 09, 2014


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RAIT Financial Trust ( RAS ) will begin trading ex-dividend on July 09, 2014. A cash dividend payment of $0.18 per share is scheduled to be paid on July 31, 2014. Shareholders who purchased RAS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.88% increase over the prior quarter. At the current stock price of $8.29, the dividend yield is 8.69%.

The previous trading day's last sale of RAS was $8.29, representing a -9.99% decrease from the 52 week high of $9.21 and a 34.58% increase over the 52 week low of $6.16.

RAS is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). RAS's current earnings per share, an indicator of a company's profitability, is -$2.78. Zacks Investment Research reports RAS's forecasted earnings growth in 2014 as 199.58%, compared to an industry average of 2.1%.

For more information on the declaration, record and payment dates, visit the RAS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: RAS , SPG , AMT

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