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RAIT Financial Trust Declares Third Quarter 2012 Preferred Dividends

Tuesday, July 24, 2012 5:01 PM

RAIT Financial Trust (NYSE: RAS) announced that on July 24, 2012, RAIT’s Board of Trustees declared a third quarter 2012 cash dividend of $0.484375 per share on RAIT’s 7.75% Series A Cumulative Redeemable Preferred Shares, $0.5234375 per share on RAIT’s 8.375% Series B Cumulative Redeemable Preferred Shares and $0.5546875 per share on RAIT’s 8.875% Series C Cumulative Redeemable Preferred Shares. The dividends will be paid on October 1, 2012 to holders of record on September 4, 2012.

About RAIT Financial Trust

RAIT Financial Trust is an internally-managed real estate investment trust that provides debt financing options to owners of commercial real estate and invests directly into commercial real estate properties located throughout the United States. In addition, RAIT is an asset and property manager of real estate-related assets. For more information, please visit www.raitft.com or call Investor Relations at 215.243.9000.

(Source: Business Wire )
(Source: Quotemedia)

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