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Stock Market & Financial Investment News

News Breaks
June 13, 2014
08:32 EDTRASRAIT Financial increases Q2 dividend 5.8% to 18c per share
RAIT Financial Trust announced that on June 12, RAITís Board of Trustees declared a Q2 cash dividend on RAITís common shares of 18c per common share, representing a 5.8% increase from the prior quarter's dividend of 17c per common share. The dividend will be paid on July 31 to holders of record on July 11. The ex-dividend date is July 9.
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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