RAIT Financial Trust's Series C Preferred Shares Cross 12% Yield Mark
February 02, 2018 at 14:09 PM EST
In trading on Friday, shares of RAIT Financial Trust's 8.875% Series C Cumulative Redeemable Preferred Shares (RAS. RC) were yielding above the 12% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $18.06 on the day.