Independence Realty Trust, Inc.

NYSE:IRT Stock Report

Market Cap: US$3.7b

Independence Realty Trust Dividend

Dividend criteria checks 3/6

Independence Realty Trust is a dividend paying company with a current yield of 3.92% that is well covered by earnings.

Key information

3.9%

Dividend yield

52%

Payout ratio

Industry average yield3.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-US$0.037
Dividend yield forecast in 3Y4.5%

Recent dividend updates

Recent updates

Independence Realty Trust: Poised To Outperform Thanks To Low Leverage And Improving Occupancy

May 02

Independence Realty: Q4 Earnings Show Improved Portfolio Strength

Feb 17

Independence Realty: Steep Discount Overshadows The Yield

Dec 17

Independence Realty Trust: Well-Positioned Due To Midwest Exposure (Rating Upgrade)

Sep 19

Independence Realty Trust: What's Not To Like?

Aug 23

Independence Realty Trust: A Solid Residential REIT Despite Valuation Concerns

Jun 12

We Ran A Stock Scan For Earnings Growth And Independence Realty Trust (NYSE:IRT) Passed With Ease

Mar 13
We Ran A Stock Scan For Earnings Growth And Independence Realty Trust (NYSE:IRT) Passed With Ease

Independence Realty Trust FFO of $0.29 in-line, revenue of $162.49M misses by $1.41M, initiates 2023 guidance

Feb 15

Independence Realty Trust: A Modestly Valued Multifamily REIT With Sunbelt Concentration

Jan 10

Independence Realty Trust declares $0.14 dividend

Dec 12

Should You Be Adding Independence Realty Trust (NYSE:IRT) To Your Watchlist Today?

Nov 23
Should You Be Adding Independence Realty Trust (NYSE:IRT) To Your Watchlist Today?

Independence Realty Trust: Skating To Where The Puck Will Be

Sep 28

Independence Realty Trust declares $0.14 dividend

Sep 12

Independence Realty Trust reports Q2 results

Jul 27

If EPS Growth Is Important To You, Independence Realty Trust (NYSE:IRT) Presents An Opportunity

Jul 25
If EPS Growth Is Important To You, Independence Realty Trust (NYSE:IRT) Presents An Opportunity

Independence Realty Trust: Undervalued Inflation Hedge

Jul 18

Doubling Down: Independence Realty Sees Itself In Steadfast Merger

Jun 11

Independence Realty Trust: The Fifth-Best REIT Investment Of The Last 5 Years

Apr 22

Independence Realty Trust Stock Forecast: What To Expect In 2022

Feb 17

Independence Realty Trust: Still Hasn't Earned Shareholders' Trust

Jan 08

Independence Realty Trust: After The Merger

Oct 04

Independence Realty Has Great Properties But Poor Governance

Aug 06

Stability 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 increased over the past 10 years.


Dividend Yield vs Market

Independence Realty Trust Dividend Yield vs Market
How does IRT dividend yield compare to the market?
SegmentDividend Yield
Company (IRT)3.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Residential REITs)3.7%
Analyst forecast in 3 Years (IRT)4.5%

Notable Dividend: IRT's dividend (3.92%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: IRT's dividend (3.92%) is low compared to the top 25% of dividend payers in the US market (4.75%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.5%), IRT's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (126%), IRT's dividend payments are not well covered by cash flows.


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