Independence Realty Trust Dividends and Buybacks
Dividend criteria checks 2/6
Independence Realty Trust is a dividend paying company with a current yield of 3.23% that is well covered by earnings. Next payment date is on 17th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
3.2%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | -11.2% |
| Next dividend pay date | 17 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$0.640 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Independence Realty Trust: Likely Priced In After Its Year-To-Date Rally
Oct 09Independence Realty Trust: Robust Operating Performance But Time To Play Offense (Rating Downgrade)
Aug 05Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy
May 02Independence Realty: Q4 Earnings Show Improved Portfolio Strength
Feb 17Independence Realty: Steep Discount Overshadows The Yield
Dec 17Independence Realty Trust: Well-Positioned Due To Midwest Exposure (Rating Upgrade)
Sep 19Independence Realty Trust: What's Not To Like?
Aug 23Independence Realty Trust: A Solid Residential REIT Despite Valuation Concerns
Jun 12We Ran A Stock Scan For Earnings Growth And Independence Realty Trust (NYSE:IRT) Passed With Ease
Mar 13
Independence Realty Trust FFO of $0.29 in-line, revenue of $162.49M misses by $1.41M, initiates 2023 guidance
Feb 15Independence Realty Trust: A Modestly Valued Multifamily REIT With Sunbelt Concentration
Jan 10Independence Realty Trust declares $0.14 dividend
Dec 12Should You Be Adding Independence Realty Trust (NYSE:IRT) To Your Watchlist Today?
Nov 23Independence Realty Trust: Skating To Where The Puck Will Be
Sep 28Independence Realty Trust declares $0.14 dividend
Sep 12Independence Realty Trust reports Q2 results
Jul 27If EPS Growth Is Important To You, Independence Realty Trust (NYSE:IRT) Presents An Opportunity
Jul 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IRT's dividend payments have been volatile in the past 10 years.
Growing Dividend: IRT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Independence Realty Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IRT) | 3.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (IRT) (up to 3 years) | 3.7% |
Notable Dividend: IRT's dividend (3.23%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: IRT's dividend (3.23%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), IRT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.7%), IRT's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 13:08 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Independence Realty Trust, Inc. is covered by 26 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |