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.
Cash Dividend On The Way From RAIT Financial Trust (RAS)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts