Looking at the universe of stocks we cover at Dividend Channel, on 1/3/14, RAIT Financial Trust (RAS) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 1/31/14. As a percentage of RAS's recent stock price of $8.87, this dividend works out to approximately 1.80%, so look for shares of RAIT Financial Trust to trade 1.80% lower — all else being equal — when RAS shares open for trading on 1/3/14.
Below is a dividend history chart for RAS, showing historical dividends prior to the most recent $0.16 declared by RAIT Financial Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RAS is likely to continue, and whether the current estimated yield of 7.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RAS shares, versus its 200 day moving average:Looking at the chart above, RAS's low point in its 52 week range is $5.55 per share, with $9.21 as the 52 week high point — that compares with a last trade of $8.86.
According to the ETF Finder at ETF Channel, RAS makes up 1.58% of the Mortgage REIT Income ETF (MORT) which is trading relatively unchanged on the day Thursday. According to Preferred Stock Channel, there is are 3 series of preferred stock that are senior to RAS — find out what they are ». In Thursday trading, RAIT Financial Trust shares are currently down about 1.1% on the day.
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