Independence Realty Trust, Inc. (IRT) Dividends

Independence Realty Trust, Inc. (IRT): $16.97

0.58 (+3.54%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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
3.30%
IRT Annual Dividend
$0.56
IRT Payout Ratio

IRT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$16.97$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 Chart


IRT Dividend History

Ex-Dividend Date Type Payout Amount Change
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IRT Dividends vs. Peers

IRT's dividend yield currently ranks #10 of 30 vs. its peers in the REITs - Residential category.
Rank Symbol Name Dividend Yield
1 SQFT Presidio Property Trust Cl A 5.88%
2 CLPR Clipper Realty Inc. 5.40%
3 BRT BRT Apartments Corp. (MD) 5.14%
4 AIRC Apartment Income REIT Corp. 4.75%
5 EQR Equity Residential 3.81%
6 DWAHY Daiwa House Industry Co.,Ltd. 3.77%
7 UDR UDR, Inc. 3.75%
8 ESS Essex Property Trust Inc. 3.69%
9 AVB AvalonBay Communities Inc. 3.50%
10 IRT Independence Realty Trust, Inc. 3.42%
11 IIPZF InterRent Real Estate Investment Trust 3.34%
12 NXRT NexPoint Residential Trust, Inc. 3.33%
13 MAA Mid-America Apartment Communities Inc. 3.30%
14 CPT Camden Property Trust 3.20%
15 APTS Preferred Apartment Communities, Inc. 2.80%
16 INVH Invitation Homes Inc. 2.60%
17 ELS Equity Lifestyle Properties, Inc. 2.58%
18 SUI Sun Communities, Inc. 2.57%
19 BOWFF Boardwalk Real Estate Investment Trust 2.57%
20 BRG Bluerock Residential Growth REIT, Inc. 2.42%
21 SFR Starwood Waypoint Homes of Beneficial Interes 2.32%
22 AMH American Homes 4 Rent Cl A 2.21%
23 NEN New England Realty Associates Limited Partnership Class A Depositary Receipts Evidencing Units of Limited Partnership 1.58%
24 SVC Service Properties Trust 0.76%
25 RESI Front Yard Residential Corporation 0.47%
26 DWHHF Deutsche Wohnen SE 0.00%
27 AIV Apartment Investment and Management Company 0.00%
28 ACC American Campus Communities Inc 0.00%
29 CDPYF Canadian Apartment Properties Real Estate Investment Trust 0.00%
30 KMMPF Killam Apartment 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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