RAIT 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.
RAIT Financial reports Q 3EPS (28c), may not compare to consensus 16c Reports Q3 revenue $75.3M, consensus $35.83M. Reports Cash Available for Distribution per share was 0c for the quarter ended September 30 as a result of the previously announced SEC settlement charge pertaining to Taberna Capital Management of $21.5M or 26c.