Independence Realty Trust, Inc. (IRT) Dividends

Independence Realty Trust, Inc. (IRT): $20.99

0.14 (+0.67%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: REITs - Residential

Industry

F

Ranked

#18 of 20

in industry

Dividend Yield and Dividend History Highlights

  • IRT's compound annual growth rate of its cash flow over the past 5.5 years is 0.66% -- which is higher than about 95.72% stocks we're looking at.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with IRT's price: CMS, INTZ, CLWT, AIRI and ED.
IRT Ex-Dividend Date
IRT Dividend Yield
3.06%
IRT Annual Dividend
$0.64
IRT Payout Ratio

IRT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$20.99$42.35 67.44%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of IRT, the dividend discount model StockNews created for the company implies a positive return of 67.44%. Digging deeper, the aspects of Independence Realty Trust Inc's dividend discount model that we found most interesting were:

  • Relative to all dividend yielding stocks in our set, Independence Realty Trust Inc's dividend yield of 0.32% is in the bottom 3.01%.
  • Compared to other dividend issuers in the mid-sized market cap category, IRT has a beta lower than 80.07% of them.
  • As other dividend issuers in the Real Estate sector, IRT's equity discount rate is less than 88.77% of those stocks.


IRT Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-09-30Dividend$0.16--
2024-06-28Dividend$0.16--
2024-03-27Dividend$0.16--
2023-12-28Dividend$0.16--
2023-09-28Dividend$0.16--
2023-06-29Dividend$0.16+14.29%
2023-03-30Dividend$0.14--
2022-12-29Dividend$0.14--
2022-09-29Dividend$0.14--
2022-06-30Dividend$0.14+16.67%
2022-03-31Dividend$0.12+471.43%
2021-12-29Dividend$0.02-82.50%
2021-09-30Dividend$0.12--
2021-07-01Dividend$0.12--
2021-03-31Dividend$0.12--
2020-12-29Dividend$0.12--
2020-10-01Dividend$0.12--
2020-07-01Dividend$0.12-33.33%
2020-04-01Dividend$0.18--
2019-12-24Dividend$0.18--
2019-09-26Dividend$0.18--
2019-06-27Dividend$0.18--
2019-03-28Dividend$0.18--
2018-12-26Dividend$0.18--
2018-10-04Dividend$0.18--
2018-07-05Dividend$0.18--
2018-04-03Dividend$0.18+200.00%
2017-12-28Dividend$0.06--
2017-11-29Dividend$0.06--
2017-10-30Dividend$0.06--
2017-09-28Dividend$0.06--
2017-08-29Dividend$0.06--
2017-07-27Dividend$0.06--
2017-06-28Dividend$0.06--
2017-05-26Dividend$0.06--
2017-04-26Dividend$0.06--
2017-03-29Dividend$0.06--
2017-02-24Dividend$0.06--
2017-01-27Dividend$0.06--
2016-12-28Dividend$0.06--
2016-11-28Dividend$0.06--
2016-10-27Dividend$0.06--
2016-09-28Dividend$0.06--
2016-08-29Dividend$0.06--
2016-07-27Dividend$0.06--
2016-06-28Dividend$0.06--
2016-05-26Dividend$0.06--
2016-04-27Dividend$0.06--
2016-03-29Dividend$0.06--
2016-02-25Dividend$0.06--
2016-01-27Dividend$0.06--
2015-12-29Dividend$0.06--
2015-11-25Dividend$0.06--
2015-10-28Dividend$0.06+130.77%
2015-09-28Dividend$0.03-23.53%
2015-09-11Dividend$0.03-43.33%
2015-08-27Dividend$0.06--
2015-07-29Dividend$0.06--
2015-06-26Dividend$0.06--
2015-05-27Dividend$0.06--
2015-04-28Dividend$0.06--
2015-03-27Dividend$0.06--
2015-02-25Dividend$0.06--
2015-01-28Dividend$0.06--
2014-12-29Dividend$0.06--
2014-11-25Dividend$0.06--
2014-10-29Dividend$0.06--
2014-09-26Dividend$0.06--
2014-08-27Dividend$0.06--
2014-07-29Dividend$0.06--
2014-06-26Dividend$0.06--
2014-05-28Dividend$0.06--
2014-04-28Dividend$0.06--
2014-03-27Dividend$0.06--
2014-02-26Dividend$0.06--
2014-01-29Dividend$0.06+12.57%
2013-12-27Dividend$0.05--
2013-11-26Dividend$0.05--
2013-10-29Dividend$0.05--
2013-09-26Dividend$0.05--
2013-08-30Dividend$0.05--


IRT Dividends vs. Peers

IRT's dividend yield currently ranks #26 of 30 vs. its peers in the REITs - Residential category.
Rank Symbol Name Dividend Yield
1 SFR Starwood Waypoint Homes of Beneficial Interes 0.00%
2 DWAHY Daiwa House Industry Co. Ltd. ADR 0.00%
3 SQFT Presidio Property Trust Cl A 0.00%
4 DWHHF Deutsche Wohnen AG 0.00%
5 SVC Service Properties Trust 0.00%
6 APTS Preferred Apartment Communities, Inc. 0.00%
7 CDPYF Canadian Apartment Properties Real Estate Investment Trust 0.00%
8 AIV Apartment Investment and Management Company 0.00%
9 AIRC Apartment Income REIT Corp. 0.00%
10 AMH American Homes 4 Rent Cl A 0.00%
11 NXRT NexPoint Residential Trust, Inc. 0.00%
12 BRG Bluerock Residential Growth REIT, Inc. 0.00%
13 INVH Invitation Homes Inc. 0.00%
14 CPT Camden Property Trust 0.00%
15 CLPR Clipper Realty Inc. 0.00%
16 IIPZF InterRent Real Estate Investment Trust 0.00%
17 BRT BRT Apartments Corp. (MD) 0.00%
18 ELS Equity Lifestyle Properties Inc. 0.00%
19 UDR UDR Inc. 0.00%
20 RESI Front Yard Residential Corporation 0.00%
21 KMMPF Killam Apartment Real Estate Investment Trust 0.00%
22 EQR Equity Residential 0.00%
23 AVB AvalonBay Communities Inc. 0.00%
24 SUI Sun Communities Inc. 0.00%
25 ESS Essex Property Trust Inc. 0.00%
26 IRT Independence Realty Trust, Inc. 0.00%
27 ACC American Campus Communities Inc 0.00%
28 NEN New England Realty Associates Limited Partnership Class A Depositary Receipts Evidencing Units of Limited Partnership 0.00%
29 MAA Mid-America Apartment Communities Inc. 0.00%
30 BOWFF Boardwalk Real Estate Investment Trust 0.00%

Looking for More Information on IRT dividends?

Here are a few links from around the web to help you further your research on Independence Realty Trust Inc and its dividends:

Independence Realty Trust Inc Common Stock (IRT) Dividend History | Nasdaq
Dividend History for Independence Realty Trust Inc (IRT) - Dividend Investor
Independence Realty Trust Inc (IRT) Dividend History - Seeking Alpha

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