RAIT Financial Trust (fka RASFQ)

[MCArmel1]

RAIT Financial soars following dividend hike
RAIT Financial Trust (RAS +6%) flies after hiking its quarterly dividend by $0.02 to $0.15. It's the sixth consecutive quarterly increase.The stock has been hammered along with the rest of the REIT sector since May, but it may worth revisiting SA Pro's Dane Bowler (in retrospect) ill-timed bullish article on a company he feels is still being punished for leveraging up at just the wrong the time. The company is getting past it, and so too should investors, he says. Instead focus on a growing dividend supported by more-than-adequate cash flow, the heavy acquisition pipeline, and the likely understated value of the company's real estate portfolio.

http://seekingalpha.com/currents/post/1273452?source=email_rt_mc_readmore

Niceeeee...