Looking at the universe of stocks we cover at Dividend Channel, on 7/9/14, RAIT Financial Trust (RAS) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 7/31/14. As a percentage of RAS's recent stock price of $8.32, this dividend works out to approximately 2.16%, so look for shares of RAIT Financial Trust to trade 2.16% lower — all else being equal — when RAS shares open for trading on 7/9/14.
Below is a dividend history chart for RAS, showing historical dividends prior to the most recent $0.18 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 8.65% 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 $8.32.
According to the ETF Finder at ETF Channel, RAS makes up 1.25% of the Mortgage REIT Income ETF (MORT) which is trading lower by about 0.3% on the day Monday. In Monday trading, RAIT Financial Trust shares are currently down about 0.5% on the day.