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

Posted
3/28/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AMT;RAS;SPG

RAIT Financial Trust ( RAS ) will begin trading ex-dividend on April 01, 2013. A cash dividend payment of $0.12 per share is scheduled to be paid on April 30, 2013. Shareholders who purchased RAS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. At the current stock price of $8.14, the dividend yield is 5.9%.

The previous trading day's last sale of RAS was $8.14, representing a -0.85% decrease from the 52 week high of $8.21 and a 108.72% increase over the 52 week low of $3.90.

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 -$3.92. Zacks Investment Research reports RAS's forecasted earnings growth in 2013 as 168.4%, compared to an industry average of -6.4%.

For more information on the declaration, record and payment dates, visit the RAS Dividend History page.