NYSE:IRTResidential REITs
Independence Realty Trust Lifts Dividend As Valuation And Coverage Questions Linger
Independence Realty Trust (NYSE:IRT) has announced an increase in its quarterly dividend.
The new dividend level was approved by the board of directors and reflects an updated capital allocation decision.
The change in dividend policy comes as the company continues to focus on its multifamily real estate portfolio.
Independence Realty Trust focuses on owning and operating multifamily apartment communities, a segment that often reacts closely to rental demand, occupancy trends, and financing...