In trading on Thursday, shares of RAIT Financial Trust's 8.875% Series C Cumulative Redeemable Preferred Shares (RAS.PRC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $23.07 on the day. This compares to an average yield of 6.90% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, RAS.PRC was trading at a 4.36% discount to its liquidation preference amount, versus the average premium of 3.69% in the "Real Estate" category.

The chart below shows the one year performance of RAS.PRC shares, versus RAS:

Performance Comparison Chart

Below is a dividend history chart for RAS.PRC, showing historical dividend payments on RAIT Financial Trust's 8.875% Series C Cumulative Redeemable Preferred Shares :

RAS.PRC+Dividend+History+Chart

In Thursday trading, RAIT Financial Trust's 8.875% Series C Cumulative Redeemable Preferred Shares ( RAS.PRC) is currently trading flat on the day, while the common shares ( RAS) are off about 13.7%.