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Independence Realty Trust, Inc Stock Dividends Overview

IRT pays dividends quarterly. Last paid amount was $0.160 at Apr 19, 2024. As of today, dividend yield (TTM) is 4.17%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.17%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.160
Independence Realty Trust, Inc has not yet announced its next dividend date. Last payment date was: Apr 19, 2024.

IRT Dividend Payout History

To ensure a understanding of IRT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 19, 2024 $0.160 1.02%
2 Dec 28, 2023 Dec 28, 2023 Jan 19, 2024 $0.160 1.03%
3 Sep 12, 2023 Sep 28, 2023 Oct 20, 2023 $0.160 1.21%
4 May 10, 2023 Jun 29, 2023 Jul 21, 2023 $0.160 0.90%
5 Mar 13, 2023 Mar 30, 2023 Jul 21, 2023 $0.140 0.791%
6 Dec 12, 2022 Dec 29, 2022 Jan 20, 2023 $0.140 0.782%
7 Sep 12, 2022 Sep 29, 2022 Oct 21, 2022 $0.140 0.89%
8 May 18, 2022 Jun 30, 2022 Jul 22, 2022 $0.140 0.651%
9 Mar 14, 2022 Mar 31, 2022 Apr 22, 2022 $0.120 0.434%
10 Dec 02, 2021 Dec 29, 2021 Jan 21, 2022 $0.0210 0.0943%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

IRT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from IRT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IRT stock here.

Comparing IRT to Sector and Country

IRT pays a solid dividend yield of 4.17%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.04%). IRT’s dividend yield is lower than the average of the top 25% of dividend payers in the Real Estate sector in the US market (12.21%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of IRT's dividend payments?
The amount of IRT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in IRT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from IRT stock be automatically reinvested?
If IRT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy IRT stock.

How often does IRT pay dividend?
Independence Realty Trust, Inc (IRT) pays dividends quarterly. The most recent payout was on Apr 19, 2024.

How much does IRT pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.160.

What is IRT dividend growth rate?
Over the last year, Independence Realty Trust, Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 10.06%. Furthermore, examining the past 5 years, Independence Realty Trust, Inc has maintained an average Dividends Per Share Growth Rate of -2.33%.
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About Independence Realty Trust, Inc

Independence Realty Trust 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... IRT Profile

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