Dividends up 42 Percent in a Year in the City of Brotherly Love (DividendChannel)
RAIT Financial Trust (RAS) announced that its first quarter dividend would be 6 percent higher than the previous quarter and would offer a total yield of 7.72 percent. If you act now on this company and are a shareholder of record as of April 4, 2014, you???ll be able to enjoy this rising dividend when it???s paid out April 30, 2014. That will mean the company???s dividend has jumped a whopping 42 percent total during the past year. You can get a lot of brotherly love in Philadelphia when your dividend skyrockets like that. Does that make RAIT the right REIT for you?