- Alongside the declaration of its Q1 dividend of $0.18 per share, RAIT Financial (RAS -3.9%) guides for full-year cash available for distribution of $1.02-$1.20 per share, which includes $0.26-$0.32 share of previously announced gains on expected property sales this year. Taking the midpoints of both suggests underlying CAD of $0.82 per share vs. CAD of $0.71 in 2014 (after $0.26 in charges for Taberna Capital Management), and $0.85 in 2013.
- Source: Press Release