RAIT Financial Trust ( RAS ) will begin trading ex-dividend on October 07, 2015. A cash dividend payment of $0.18 per share is scheduled to be paid on October 30, 2015. Shareholders who purchased RAS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that RAS has paid the same dividend. At the current stock price of $5.37, the dividend yield is 13.41%.
The previous trading day's last sale of RAS was $5.37, representing a -32.37% decrease from the 52 week high of $7.94 and a 12.58% increase over the 52 week low of $4.77.
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 $2.95. Zacks Investment Research reports RAS's forecasted earnings growth in 2015 as 49.3%, compared to an industry average of 7.5%.