Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Independence Realty Trust Dividend Announcement
• Independence Realty Trust announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-30
• Independence Realty Trust annual dividend for 2024 was $0.48
• Independence Realty Trust annual dividend for 2023 was $0.62
• Independence Realty Trust's trailing twelve-month (TTM) dividend yield is 3.32%
• Independence Realty Trust's payout ratio for the trailing twelve months (TTM) is -1144.08%
• Independence Realty Trust's dividend growth over the last five years (2018-2023) was -2.95% year
• Independence Realty Trust's dividend growth over the last ten years (2013-2023) was 8.80% year
Independence Realty Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.16 | quarterly | 2024-10-18 |
2024-06-28 | $0.16 | quarterly | 2024-07-19 |
2024-03-27 | $0.16 | quarterly | 2024-04-19 |
2023-12-28 | $0.16 | quarterly | 2024-01-19 |
2023-09-28 | $0.16 | quarterly | 2023-10-20 |
2023-06-29 | $0.16 | quarterly | 2023-07-21 |
2023-03-30 | $0.14 | quarterly | 2023-04-21 |
2022-12-29 | $0.14 | quarterly | 2023-01-20 |
2022-09-29 | $0.14 | quarterly | 2022-10-21 |
2022-06-30 | $0.14 | quarterly | 2022-07-22 |
2022-03-31 | $0.12 | quarterly | 2022-04-22 |
2021-12-29 | $0.02 | quarterly | 2022-01-21 |
2021-12-16 | $0.10 | quarterly | 2022-01-18 |
2021-09-30 | $0.12 | quarterly | 2021-10-22 |
2021-07-01 | $0.12 | quarterly | 2021-07-23 |
2021-03-31 | $0.12 | quarterly | 2021-04-23 |
2020-12-29 | $0.12 | quarterly | 2021-01-22 |
2020-10-01 | $0.12 | quarterly | 2020-10-23 |
2020-07-01 | $0.12 | quarterly | 2020-07-24 |
2020-04-01 | $0.18 | quarterly | 2020-04-24 |
2019-12-24 | $0.18 | quarterly | 2020-01-24 |
2019-09-26 | $0.18 | quarterly | 2019-10-25 |
2019-06-27 | $0.18 | quarterly | 2019-07-25 |
2019-03-28 | $0.18 | quarterly | 2019-04-25 |
2018-12-26 | $0.18 | quarterly | 2019-01-24 |
2018-10-04 | $0.18 | quarterly | 2018-10-19 |
2018-07-05 | $0.18 | quarterly | 2018-07-20 |
2018-04-03 | $0.18 | quarterly | 2018-04-20 |
2017-12-28 | $0.06 | quarterly | 2018-01-15 |
2017-11-29 | $0.06 | quarterly | 2017-12-15 |
2017-10-30 | $0.06 | quarterly | 2017-11-15 |
2017-09-28 | $0.06 | quarterly | 2017-10-13 |
2017-08-29 | $0.06 | quarterly | 2017-09-15 |
2017-07-27 | $0.06 | quarterly | 2017-08-15 |
2017-06-28 | $0.06 | quarterly | 2017-07-17 |
2017-05-26 | $0.06 | quarterly | 2017-06-15 |
2017-04-26 | $0.06 | quarterly | 2017-05-15 |
2017-03-29 | $0.06 | quarterly | 2017-04-17 |
2017-02-24 | $0.06 | quarterly | 2017-03-15 |
2017-01-27 | $0.06 | quarterly | 2017-02-15 |
2016-12-28 | $0.06 | quarterly | 2017-01-17 |
2016-11-28 | $0.06 | quarterly | 2016-12-15 |
2016-10-27 | $0.06 | quarterly | 2016-11-15 |
2016-09-28 | $0.06 | quarterly | 2016-10-17 |
2016-08-29 | $0.06 | quarterly | 2016-09-15 |
2016-07-27 | $0.06 | quarterly | 2016-08-15 |
2016-06-28 | $0.06 | quarterly | 2016-07-15 |
2016-05-26 | $0.06 | quarterly | 2016-06-15 |
2016-04-27 | $0.06 | quarterly | 2016-05-16 |
2016-03-29 | $0.06 | quarterly | 2016-04-15 |
2016-02-25 | $0.06 | quarterly | 2016-03-15 |
2016-01-27 | $0.06 | quarterly | 2016-02-16 |
2015-12-29 | $0.06 | quarterly | 2016-01-15 |
2015-11-25 | $0.06 | quarterly | 2015-12-15 |
2015-10-28 | $0.06 | quarterly | 2015-11-16 |
2015-09-28 | $0.03 | quarterly | 2015-10-15 |
2015-09-11 | $0.03 | quarterly | 2015-10-15 |
2015-08-27 | $0.06 | quarterly | 2015-09-15 |
2015-07-29 | $0.06 | quarterly | 2015-08-17 |
2015-06-26 | $0.06 | quarterly | 2015-07-15 |
2015-05-27 | $0.06 | quarterly | 2015-06-15 |
2015-04-28 | $0.06 | quarterly | 2015-05-15 |
2015-03-27 | $0.06 | quarterly | 2015-04-15 |
2015-02-25 | $0.06 | quarterly | 2015-03-16 |
2015-01-28 | $0.06 | quarterly | 2015-02-17 |
2014-12-29 | $0.06 | quarterly | 2015-01-15 |
2014-11-25 | $0.06 | quarterly | 2014-12-15 |
2014-10-29 | $0.06 | quarterly | 2014-11-17 |
2014-09-26 | $0.06 | quarterly | 2014-10-15 |
2014-08-27 | $0.06 | quarterly | 2014-09-16 |
2014-07-29 | $0.06 | quarterly | 2014-08-15 |
2014-06-26 | $0.06 | quarterly | 2014-07-15 |
2014-05-28 | $0.06 | quarterly | 2014-06-16 |
2014-04-28 | $0.06 | quarterly | 2014-05-15 |
2014-03-27 | $0.06 | quarterly | 2014-04-15 |
2014-02-26 | $0.06 | quarterly | 2014-03-17 |
2014-01-29 | $0.06 | quarterly | 2014-02-17 |
2013-12-27 | $0.05 | quarterly | 2014-01-15 |
2013-11-26 | $0.05 | quarterly | 2013-12-16 |
2013-10-29 | $0.05 | quarterly | 2013-11-15 |
2013-09-26 | $0.05 | quarterly | 2013-10-15 |
2013-08-30 | $0.05 | quarterly | 2013-09-13 |
Independence Realty Trust Dividend per year
Independence Realty Trust Dividend growth
Independence Realty Trust Dividend Yield
Independence Realty Trust current trailing twelve-month (TTM) dividend yield is 3.32%. Interested in purchasing Independence Realty Trust stock? Use our calculator to estimate your expected dividend yield:
Independence Realty Trust Financial Ratios
Independence Realty Trust Dividend FAQ
Other factors to consider when evaluating Independence Realty Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Independence Realty Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Independence Realty Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Independence Realty Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Independence Realty Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Independence Realty Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Independence Realty Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Independence Realty Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Independence Realty Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Independence Realty Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.