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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 2.94%
Independence Realty Trust's payout ratio for the trailing twelve months (TTM) is -65740.18%
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 dateDividend amountDividend typePay date
2024-09-30$0.16quarterly2024-10-18
2024-06-28$0.16quarterly2024-07-19
2024-03-27$0.16quarterly2024-04-19
2023-12-28$0.16quarterly2024-01-19
2023-09-28$0.16quarterly2023-10-20
2023-06-29$0.16quarterly2023-07-21
2023-03-30$0.14quarterly2023-04-21
2022-12-29$0.14quarterly2023-01-20
2022-09-29$0.14quarterly2022-10-21
2022-06-30$0.14quarterly2022-07-22
2022-03-31$0.12quarterly2022-04-22
2021-12-29$0.02quarterly2022-01-21
2021-12-16$0.10quarterly2022-01-18
2021-09-30$0.12quarterly2021-10-22
2021-07-01$0.12quarterly2021-07-23
2021-03-31$0.12quarterly2021-04-23
2020-12-29$0.12quarterly2021-01-22
2020-10-01$0.12quarterly2020-10-23
2020-07-01$0.12quarterly2020-07-24
2020-04-01$0.18quarterly2020-04-24
2019-12-24$0.18quarterly2020-01-24
2019-09-26$0.18quarterly2019-10-25
2019-06-27$0.18quarterly2019-07-25
2019-03-28$0.18quarterly2019-04-25
2018-12-26$0.18quarterly2019-01-24
2018-10-04$0.18quarterly2018-10-19
2018-07-05$0.18quarterly2018-07-20
2018-04-03$0.18quarterly2018-04-20
2017-12-28$0.06quarterly2018-01-15
2017-11-29$0.06quarterly2017-12-15
2017-10-30$0.06quarterly2017-11-15
2017-09-28$0.06quarterly2017-10-13
2017-08-29$0.06quarterly2017-09-15
2017-07-27$0.06quarterly2017-08-15
2017-06-28$0.06quarterly2017-07-17
2017-05-26$0.06quarterly2017-06-15
2017-04-26$0.06quarterly2017-05-15
2017-03-29$0.06quarterly2017-04-17
2017-02-24$0.06quarterly2017-03-15
2017-01-27$0.06quarterly2017-02-15
2016-12-28$0.06quarterly2017-01-17
2016-11-28$0.06quarterly2016-12-15
2016-10-27$0.06quarterly2016-11-15
2016-09-28$0.06quarterly2016-10-17
2016-08-29$0.06quarterly2016-09-15
2016-07-27$0.06quarterly2016-08-15
2016-06-28$0.06quarterly2016-07-15
2016-05-26$0.06quarterly2016-06-15
2016-04-27$0.06quarterly2016-05-16
2016-03-29$0.06quarterly2016-04-15
2016-02-25$0.06quarterly2016-03-15
2016-01-27$0.06quarterly2016-02-16
2015-12-29$0.06quarterly2016-01-15
2015-11-25$0.06quarterly2015-12-15
2015-10-28$0.06quarterly2015-11-16
2015-09-28$0.03quarterly2015-10-15
2015-09-11$0.03quarterly2015-10-15
2015-08-27$0.06quarterly2015-09-15
2015-07-29$0.06quarterly2015-08-17
2015-06-26$0.06quarterly2015-07-15
2015-05-27$0.06quarterly2015-06-15
2015-04-28$0.06quarterly2015-05-15
2015-03-27$0.06quarterly2015-04-15
2015-02-25$0.06quarterly2015-03-16
2015-01-28$0.06quarterly2015-02-17
2014-12-29$0.06quarterly2015-01-15
2014-11-25$0.06quarterly2014-12-15
2014-10-29$0.06quarterly2014-11-17
2014-09-26$0.06quarterly2014-10-15
2014-08-27$0.06quarterly2014-09-16
2014-07-29$0.06quarterly2014-08-15
2014-06-26$0.06quarterly2014-07-15
2014-05-28$0.06quarterly2014-06-16
2014-04-28$0.06quarterly2014-05-15
2014-03-27$0.06quarterly2014-04-15
2014-02-26$0.06quarterly2014-03-17
2014-01-29$0.06quarterly2014-02-17
2013-12-27$0.05quarterly2014-01-15
2013-11-26$0.05quarterly2013-12-16
2013-10-29$0.05quarterly2013-11-15
2013-09-26$0.05quarterly2013-10-15
2013-08-30$0.05quarterly2013-09-13

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 2.94%. Interested in purchasing Independence Realty Trust stock? Use our calculator to estimate your expected dividend yield:

Independence Realty Trust Financial Ratios

P/E ratio-22317.81
PEG ratio857.00
P/B ratio1.46
ROE-0.01%
Payout ratio-65740.18%
Current ratio0.02
Quick ratio0.02
Cash Ratio0.02

Independence Realty Trust Dividend FAQ

How much is the next Independence Realty Trust dividend?
Independence Realty Trust's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Independence Realty Trust dividend. The next Independence Realty Trust dividend will be released in March, June, September, or December.
When is Independence Realty Trust dividend paid?
Independence Realty Trust pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Independence Realty Trust pay?
The specific amount of Independence Realty Trust dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Independence Realty Trust's dividend history.
Does Independence Realty Trust stock pay dividends?
Yes, Independence Realty Trust does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Independence Realty Trust's dividend history.
How much dividend does Independence Realty Trust pay?
Independence Realty Trust paid $0.48 in 2024, $0.62 in 2023, $0.54 in 2022, $0.48 in 2021, and $0.54 in 2020.
How often does Independence Realty Trust pay dividends?
Independence Realty Trust typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Independence Realty Trust's dividend yield?
The current dividend yield for Independence Realty Trust is 2.94%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Independence Realty Trust's exact dividend yield.
When does Independence Realty Trust go ex dividend?
Independence Realty Trust's ex-dividend date for the latest dividend was on 2024-09-30. Independence Realty Trust typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Independence Realty Trust dividend paid?
Independence Realty Trust pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Independence Realty Trust increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Independence Realty Trust will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Independence Realty Trust dividend per share?
Independence Realty Trust paid $0.48 per share in 2024 and $0.62 per share in 2023. The amount of dividend per share that Independence Realty Trust pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Independence Realty Trust a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Independence Realty Trust a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Independence Realty Trust a dividend stock?
Yes, Independence Realty Trust is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Independence Realty Trust a good dividend stock?
Whether Independence Realty Trust is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Independence Realty Trust has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Independence Realty Trust pay dividends monthly?
Independence Realty Trust typically pays dividends on a quarterly basis.
Does Independence Realty Trust pay dividends quarterly?
Independence Realty Trust currently pays dividends on a quarterly basis.
Has Independence Realty Trust ever paid a dividend?
Yes, Independence Realty Trust has a history of paying dividends to its shareholders. Independence Realty Trust is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Independence Realty Trust dividend stocks?
To buy Independence Realty Trust you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Independence Realty Trust stock.

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.
When does Independence Realty Trust pay dividends 2024?
Independence Realty Trust pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Independence Realty Trust increase its dividend in 2024?
Decisions regarding Independence Realty Trust dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Independence Realty Trust dividend overview you can look into the above table of dividend history.
How Independence Realty Trust dividend works?
The Independence Realty Trust dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Independence Realty Trust's dividend process works:

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.
How are Independence Realty Trust dividends paid?
Independence Realty Trust dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Independence Realty Trust pay dividends?
Independence Realty Trust typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Independence Realty Trust pay dividends?
The general pattern is that Independence Realty Trust pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Independence Realty Trust dividend safe?
The safety of Independence Realty Trust's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.