NEW YORK ( TheStreet) -- The ex-dividend date for Rait Financial (NYSE: RAS) is tomorrow, January 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $4.89 as of 9:30 a.m. ET, the dividend yield is 5.1%. The average volume for Rait Financial has been 774,500 shares per day over the past 30 days. Rait Financial has a market cap of $190.4 million and is part of the financial sector and real estate industry. Shares are up 4.6% year to date as of the close of trading on Tuesday. RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT). The company, through its subsidiaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate.
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