Cash Dividend On The Way From RAIT Financial Trust (RAS)

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.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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:

RAIT Financial Trust 200 Day Moving Average Chart

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.

If you liked this article you might like

10 High-Yielding Stocks to Own Ahead of a Surprising Late Summer Market Swoon

What To Sell: 3 Sell-Rated Dividend Stocks AJX, GOOD, RAS

3 Sell-Rated Dividend Stocks: AMID, FSAM, RAS

3 Hold-Rated Dividend Stocks: ZFC, PNNT, RAS

3 Stocks With Upcoming Ex-Dividend Dates: RAS, SBS, ROP