IRT - NYSE
Independence Realty Trust, Inc.
$16.23
+1.1%Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
At a Glance
Live SnapshotIndependence Realty Trust, Inc. Dividend History
IRT Dividend Payment History
Total Payments
50
Latest Dividend
$0.1800
Annual Amount
$0.8600
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 13, 2026 | Jun 26, 2026 | Jul 17, 2026 | $0.1800 | $0.1800 | Quarterly | +5.88% |
Mar 9, 2026 | Mar 27, 2026 | Apr 17, 2026 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Dec 15, 2025 | Dec 31, 2025 | Jan 23, 2026 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Sep 8, 2025 | Sep 30, 2025 | Oct 24, 2025 | $0.1700 | $0.1700 | Quarterly | 0.00% |
May 14, 2025 | Jun 27, 2025 | Jul 18, 2025 | $0.1700 | $0.1700 | Quarterly | +6.25% |
Mar 10, 2025 | Mar 28, 2025 | Apr 21, 2025 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Dec 16, 2024 | Dec 31, 2024 | Jan 17, 2025 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Sep 17, 2024 | Sep 30, 2024 | Oct 18, 2024 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Jun 10, 2024 | Jun 28, 2024 | Jul 19, 2024 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Mar 11, 2024 | Mar 29, 2024 | Apr 19, 2024 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Dec 11, 2023 | Dec 29, 2023 | Jan 19, 2024 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Sep 12, 2023 | Sep 29, 2023 | Oct 20, 2023 | $0.1600 | $0.1600 | Quarterly | 0.00% |
May 10, 2023 | Jun 30, 2023 | Jul 21, 2023 | $0.1600 | $0.1600 | Quarterly | +14.29% |
Mar 13, 2023 | Mar 31, 2023 | Apr 21, 2023 | $0.1400 | $0.1400 | Quarterly | 0.00% |
Dec 12, 2022 | Dec 30, 2022 | Jan 20, 2023 | $0.1400 | $0.1400 | Quarterly | 0.00% |
Sep 12, 2022 | Sep 30, 2022 | Oct 21, 2022 | $0.1400 | $0.1400 | Quarterly | 0.00% |
May 18, 2022 | Jul 1, 2022 | Jul 22, 2022 | $0.1400 | $0.1400 | Quarterly | +16.67% |
Mar 14, 2022 | Apr 1, 2022 | Apr 22, 2022 | $0.1200 | $0.1200 | Quarterly | +471.43% |
Dec 2, 2021 | Dec 30, 2021 | Jan 21, 2022 | $0.0210 | $0.0210 | Quarterly | -78.79% |
Dec 2, 2021 | Dec 17, 2021 | Jan 18, 2022 | $0.0990 | $0.0990 | Quarterly | -17.50% |
Sep 13, 2021 | Oct 1, 2021 | Oct 22, 2021 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Jun 14, 2021 | Jul 2, 2021 | Jul 23, 2021 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Mar 15, 2021 | Apr 2, 2021 | Apr 23, 2021 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Dec 14, 2020 | Dec 30, 2020 | Jan 22, 2021 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Sep 15, 2020 | Oct 2, 2020 | Oct 23, 2020 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Jun 15, 2020 | Jul 2, 2020 | Jul 24, 2020 | $0.1200 | $0.1200 | Quarterly | -33.33% |
Mar 16, 2020 | Apr 2, 2020 | Apr 24, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Dec 16, 2019 | Dec 26, 2019 | Jan 24, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Sep 12, 2019 | Sep 27, 2019 | Oct 25, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jun 17, 2019 | Jun 28, 2019 | Jul 25, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Mar 18, 2019 | Mar 29, 2019 | Apr 25, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Dec 13, 2018 | Dec 27, 2018 | Jan 24, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Sep 17, 2018 | Oct 5, 2018 | Oct 19, 2018 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jun 14, 2018 | Jul 6, 2018 | Jul 20, 2018 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Mar 13, 2018 | Apr 4, 2018 | Apr 20, 2018 | $0.1800 | $0.1800 | Quarterly | +200.00% |
Oct 12, 2017 | Dec 29, 2017 | Jan 15, 2018 | $0.0600 | $0.0600 | Monthly | 0.00% |
Oct 12, 2017 | Nov 30, 2017 | Dec 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Oct 12, 2017 | Oct 31, 2017 | Nov 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Sep 6, 2017 | Sep 29, 2017 | Oct 13, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Aug 4, 2017 | Aug 31, 2017 | Sep 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Jul 14, 2017 | Jul 31, 2017 | Aug 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Apr 17, 2017 | Jun 30, 2017 | Jul 17, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Apr 13, 2017 | May 31, 2017 | Jun 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Apr 13, 2017 | Apr 28, 2017 | May 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Jan 16, 2017 | Mar 31, 2017 | Apr 17, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Jan 13, 2017 | Feb 28, 2017 | Mar 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Jan 13, 2017 | Jan 31, 2017 | Feb 15, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Oct 17, 2016 | Dec 30, 2016 | Jan 17, 2017 | $0.0600 | $0.0600 | Monthly | 0.00% |
Oct 13, 2016 | Nov 30, 2016 | Dec 15, 2016 | $0.0600 | $0.0600 | Monthly | 0.00% |
Oct 13, 2016 | Oct 31, 2016 | Nov 15, 2016 | $0.0600 | $0.0600 | Monthly | - |
Independence Realty Trust, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.
Key Insight
Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.
Related Guides
Continue your IRT research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.