RAIT Financial Trust (fka RASFQ)

[Theo]

RAIT Financial Trust Declares Third Quarter 2011 Preferred Dividends


PHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (NYSE:RAS - News) announced that on July 26, 2011, RAIT’s Board of Trustees declared a third quarter 2011 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 September 30, 2011 to holders of record on September 1, 2011.