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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:33 EDTRASRAIT Financial increases Q1 cash dividend 6% to 17c
RAIT Financial Trust announced that on March 18, 2014, RAITís Board of Trustees declared a first quarter 2014 cash dividend on RAITís common shares of 17c per common share, representing a 6% increase from the prior quarter's dividend of 16c per common share and a 42% increase from the first quarter 2013 dividend of 12c per common share. The dividend will be paid on April 30, 2014 to holders of record on April 4, 2014. The ex-dividend date is April 2, 2014.
News For RAS From The Last 14 Days
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July 14, 2014
17:15 EDTRASIndependence Realty Trust says RAIT may buy up to $5M in shares
Earlier, Independence Realty Trust (IRT) announced that it has commenced an underwritten public offering of 6M shares of common stock. The company expects to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock. Independence Realty Trust noted that, "RAIT Financial Trust (IRT) may purchase up to $5M in shares of common stock in the proposed offering at the public offering price; however, RAIT is under no obligation to purchase any shares in the offering." Shares of RAIT Financial Trust are lower by 1.1% in after hours trading.

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