RAIT Financial Trust's Series A Preferred Shares Cross 14.5% Yield Mark
September 05, 2017 at 15:29 PM EDT
In trading on Tuesday, shares of RAIT Financial Trust's 7.75% Series A Cumulative Redeemable Preferred Shares (RAS. RA) were yielding above the 14.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $13.15 on the day.