Docstoc

RAIT Financial Trust Declares Preferred Stock Dividends

Document Sample
RAIT Financial Trust Declares Preferred Stock Dividends Powered By Docstoc
					RAIT Financial Trust Declares Preferred Stock
Dividends
October 28, 2010 01:53 PM Eastern Daylight Time  

PHILADELPHIA--(EON: Enhanced Online News)--RAIT Financial Trust (NYSE: RAS) announced that its Board
of Trustees declared a fourth quarter 2010 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 December 31, 2010 to holders of record on December 1, 2010.

About RAIT Financial Trust

RAIT Financial Trust manages a portfolio of real estate related assets, provides a comprehensive set of debt
financing options to the real estate industry and invests in real estate related assets. RAIT's management uses its
experience, knowledge and relationship network to seek to generate and manage real estate related investment
opportunities for RAIT and for outside investors. For more information, please visit www.raitft.com or call Investor
Relations at 215.243.9000.

Contacts
RAIT Financial Trust
Andres Viroslav
215-243-9000
aviroslav@raitft.com

Permalink: http://eon.businesswire.com/news/eon/20101028006756/en

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:15
posted:10/28/2010
language:English
pages:1
Description: PHILADELPHIA--(EON: Enhanced Online News)--RAIT Financial Trust (NYSE: RAS) announced that its Board of Trustees declared a fourth quarter 2010 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 December 31, 2010 to holders of record on Decem a style=
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.