On August 2, 2017, RAIT Financial Trust's Board of Trustees declared a second quarter 2017 dividend of $0.05 per common share payable on September 15, 2017 to common shareholders of record on August 25, 2017. The Board also declared a third quarter 2017 cash dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Shares, $0.5234375 per share on RAIT's 8.375% Series B Cumulative Redeemable Preferred Shares and $0.5546875 per share on RAIT's 8.875% Series C Cumulative Redeemable Preferred Shares. The dividends will be paid on October 2, 2017 to holders of record on September 1, 2017.