The business likewise just recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Friday, October 9th were given a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, October 7th. This represents a $0.72 annualized dividend and a yield of 15.38 %.
RAIT Financial Trust (NYSE: RAS) is a self-managed and self-advised genuineproperty financial investment trust (REIT). RAIT utilizes relationships to originate commercial actual estate loans, get office real-estate buildings and invest in, manage and service commercial real-estate assets and its vertically integrated system. The Business runs through these sectors: property giving, possessing and managing, and Independence Realty Trust (IRT). The actualrealty lending of the Companys, owning and handling area focusesfocuses on giving, having and managing business home assets throughout America. The businesss financial investment might range from first mortgagemortgage to equity ownership of an office genuine estate property. The Companys financial investments are handled by it internal through its possession management and home management professionals.
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