PHILADELPHIA--(EON: Enhanced Online News)--RAIT Financial Trust (NYSE: RAS) (“RAIT”) today announced that on December 16, 2016, RAIT’s Board of Trustees declared a fourth quarter 2016 cash dividend on RAIT’s common shares of $0.09 per common share. The dividend will be paid on January 31, 2017 to holders of record on January 10, 2017. The ex-dividend date is January 6, 2017.
About RAIT Financial Trust
RAIT Financial Trust is an internally-managed real estate investment trust that provides debt financing options to owners of commercial real estate and owns commercial real estate properties located throughout the United States. In addition, RAIT is an asset and property manager of real estate-related assets. For more information, please visit www.rait.com or call Investor Relations at 215-207-2100.