RAIT Financial Trust Announces Tax Treatment of 2017 Dividends

PHILADELPHIA--()--RAIT Financial Trust (“RAIT”) (NYSE: RAS) today announced the following:

Tax Treatment of 2017 Dividends

Common Shares

RAIT’s common shares (the “Common Shares”) are currently listed under the CUSIP #749227609 and trade under the NYSE ticker symbol “RAS”. The aggregate amount of dividends with record dates in 2017 was $0.23 per share. The following table contains information on the 2017 Common Share dividend payments.

             

Record
Date

Pay Date

Distribution
Per Share

Ordinary
Dividends

Qualified
Dividends
(Included
in Ordinary
Dividends)

Capital Gain
Distribution

Unrecap.
Sec. 1250
Gain

Return of
Capital

1/10/2017 1/31/2017 $0.0900 $0.0001 $0.0001 $0.0011 $0.0011 $0.0888
5/26/2017 6/15/2017 $0.0900 $0.0000 $0.0000 $0.0000 $0.0000 $0.0900
8/25/2017 9/15/2017 $0.0500 $0.0000 $0.0000 $0.0000 $0.0000 $0.0500
 

Series A Preferred Shares

RAIT’s 7.75% Series A Cumulative Redeemable Preferred Shares (the “Series A Preferred Shares”) are currently listed under the CUSIP #749227203 and trade under the NYSE ticker symbol “RAS PRA”. The aggregate amount of dividends with record dates in 2017 was $1.9376 per share. The following table contains information on the 2017 Series A Preferred Share dividend payments.

             

Record
Date

Pay Date

Distribution
Per Share

Ordinary
Dividends

Qualified
Dividends
(Included
in Ordinary
Dividends)

Capital Gain
Distribution

Unrecap.
Sec. 1250
Gain

Return of
Capital

3/1/2017 3/31/2017 $0.4844 $0.0561 $0.0292 $0.4283 $0.4212 $0.0000
6/1/2017 6/30/2017 $0.4844 $0.0561 $0.0292 $0.4283 $0.4212 $0.0000
9/1/2017 10/2/2017 $0.4844 $0.0561 $0.0292 $0.4283 $0.4212 $0.0000
12/1/2017 1/2/2018 $0.4844 $0.0000 $0.0000 $0.0000 $0.0000 $0.4844
 

Series B Preferred Shares

RAIT’s 8.375% Series B Cumulative Redeemable Preferred Shares (the “Series B Preferred Shares”) are currently listed under the CUSIP #749227302 and trade under the NYSE ticker symbol “RAS PRB”. The aggregate amount of dividends with record dates in 2017 was $2.0936 per share. The following table contains information on the 2017 Series B Preferred Share dividend payments.

             

Record
Date

Pay Date

Distribution
Per Share

Ordinary
Dividends

Qualified
Dividends
(Included
in Ordinary
Dividends)

Capital Gain
Distribution

Unrecap.
Sec. 1250
Gain

Return of
Capital

3/1/2017 3/31/2017 $0.5234 $0.0607 $0.0316 $0.4627 $0.4550 $0.0000
6/1/2017 6/30/2017 $0.5234 $0.0607 $0.0316 $0.4627 $0.4550 $0.0000
9/1/2017 10/2/2017 $0.5234 $0.0607 $0.0316 $0.4627 $0.4550 $0.0000
12/1/2017 1/2/2018 $0.5234 $0.0000 $0.0000 $0.0000 $0.0000 $0.5234
 

Series C Preferred Shares

RAIT’s 8.875% Series C Cumulative Redeemable Preferred Shares (the “Series C Preferred Shares”) are currently listed under the CUSIP #749227500 and trade under the NYSE ticker symbol “RAS PRC”. The aggregate amount of dividends with record dates in 2017 was $2.2188 per share. The following table contains information on the 2017 Series C Preferred Share dividend payments.

             

Record
Date

Pay Date

Distribution
Per Share

Ordinary
Dividends

Qualified
Dividends
(Included
in Ordinary
Dividends)

Capital Gain
Distribution

Unrecap.
Sec. 1250
Gain

Return of
Capital

3/1/2017 3/31/2017 $0.5547 $0.0643 $0.0335 $0.4904 $0.4823 $0.0000
6/1/2017 6/30/2017 $0.5547 $0.0643 $0.0335 $0.4904 $0.4823 $0.0000
9/1/2017 10/2/2017 $0.5547 $0.0643 $0.0335 $0.4904 $0.4823 $0.0000
12/1/2017 1/2/2018 $0.5547 $0.0000 $0.0000 $0.0000 $0.0000 $0.5547
 

About RAIT Financial Trust

RAIT Financial Trust is an internally-managed real estate investment trust focused on providing debt financing options to owners of commercial real estate throughout the United States. For more information, please visit www.rait.com or call Investor Relations at 215.207.2100.

Contacts

RAIT Financial Trust
Andres Viroslav, 215-207-2100
ir@rait.com

Contacts

RAIT Financial Trust
Andres Viroslav, 215-207-2100
ir@rait.com