RAIT Financial Trust's Series C Preferred Shares Cross 12% Yield Mark

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.
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