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RAS ex-dividend on 7/3 ($0.62)

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RAIT Investment Trust, a commercial REIT, will pay a regular Quarterly dividend of $0.62 on July 17 to holders as of Monday, July 3. RAIT provides mostly lending and preferred equity investments to property owners, but in Q1 20% of its revenue came from direct real-estate investment. RAIT is merging with Taberna Realty Finance Trust, another Philadelphia-based real estate investment trust.

This entry was posted on Saturday, June 24th, 2006 at 9:40 pm and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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