Looking at the universe of stocks we cover at Dividend Channel, on 4/2/14, RAIT Financial Trust (RAS) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 4/30/14. As a percentage of RAS's recent stock price of $8.38, this dividend works out to approximately 2.03%, so look for shares of RAIT Financial Trust to trade 2.03% lower — all else being equal — when RAS shares open for trading on 4/2/14.
Below is a dividend history chart for RAS, showing historical dividends prior to the most recent $0.17 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 8.11% 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 $6.16 per share, with $9.21 as the 52 week high point — that compares with a last trade of $8.39.
According to the ETF Finder at ETF Channel, RAS makes up 1.34% of the Mortgage REIT Income ETF (MORT) which is trading higher by about 0.1% on the day Monday. According to Preferred Stock Channel, there is are 3 series of preferred stock that are senior to RAS — find out what they are ». In Monday trading, RAIT Financial Trust shares are currently up about 0.4% on the day.
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