RAIT Financial Trust (RAS) Ex-Dividend Date Scheduled for October 01, 2013

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RAIT Financial Trust ( RAS ) will begin trading ex-dividend on October 01, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on October 31, 2013. Shareholders who purchased RAS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15.38% increase over the prior quarter. At the current stock price of $7.08, the dividend yield is 8.47%.

The previous trading day's last sale of RAS was $7.08, representing a -20% decrease from the 52 week high of $8.85 and a 43.9% increase over the 52 week low of $4.92.

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 -$3.8. Zacks Investment Research reports RAS's forecasted earnings growth in 2013 as 22.73%, compared to an industry average of 8.6%.

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 The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: AMT , RAS , SPG

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