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RAIT Financial Trust Declares Fourth Quarter 2011 Preferred Dividends

^{Published on 2011-10-25 14:16:14 - Market Wire}
 

PHILADELPHIA--([ BUSINESS WIRE ])--RAIT Financial Trust (NYSE: RAS) announced that on October 25, 2011, RAITas Board of Trustees declared a fourth quarter 2011 cash dividend of $0.484375 per share on RAITas 7.75% Series A Cumulative Redeemable Preferred Shares, $0.5234375 per share on RAITas 8.375% Series B Cumulative Redeemable Preferred Shares and $0.5546875 per share on RAITas 8.875% Series C Cumulative Redeemable Preferred Shares. The dividends will be paid on January 3, 2012 to holders of record on December 1, 2011.

About RAIT Financial Trust

RAIT Financial Trust manages a portfolio of real estate related assets, provides a comprehensive set of debt financing options to the real estate industry and invests in real estate related assets. RAIT's management uses its experience, knowledge and relationship network to seek to generate and manage real estate related investment opportunities for RAIT and for outside investors. For more information, please visit [ www.raitft.com ] or call Investor Relations at 215.243.9000.