NEW YORK ( TheStreet) -- The ex-dividend date for Rait Financial (NYSE: RAS) is Monday, March 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $5.19 as of 9:30 a.m. ET, the dividend yield is 6%. The average volume for Rait Financial has been 622,200 shares per day over the past 30 days. Rait Financial has a market cap of $227.6 million and is part of the financial sector and real estate industry. Shares are up 11.4% year to date as of the close of trading on Thursday. 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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