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% that is well covered by earnings.
Key information
3.0%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | -11.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| 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 25Independence Realty Trust: Undervalued Inflation Hedge
Jul 18Stability 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) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Residential REITs) | 3.3% |
| Analyst forecast (IRT) (up to 3 years) | 3.2% |
Notable Dividend: IRT's dividend (3%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: IRT's dividend (3%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.