RAIT Financial Trust's Series A Preferred Shares Crosses Above 8% Yield Territory
July 30, 2014 at 14:57 PM EDT
In trading on Wednesday, shares of RAIT Financial Trust's 7.75% Series A Cumulative Redeemable Preferred Shares (RAS. RA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $24.15 on the day.
