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RAIT Financial Trust (RAS) Ex-Dividend Date Scheduled for January 03, 2014
By: NASDAQ.com News
RAIT Financial Trust ( RAS ) will begin trading ex-dividend on January 03, 2014. A cash dividend payment of $0.16 per share is scheduled to be paid on January 31, 2014. Shareholders who purchased RAS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.67% increase over the prior quarter.
The previous trading day's last sale of RAS was $8.97, representing a -2.61% decrease from the 52 week high of $9.21 and a 58.48% increase over the 52 week low of $5.66.
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 -$3.19.