RAIT Financial Trust's Series A Preferred Shares Cross 8% Yield Mark
February 18, 2015 at 14:26 PM EST
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 $24.17 on the day.