IRT Independence Realty Trust dividend history, payout ratio & dates
Independence Realty Trust's most recent dividend of $0.16 per share was on Sep 30, 2024 (ex-date). The annualized payout of $0.64 per share represents a current dividend yield of 2.98%.
Key dates
- IRT last dividend date: Sep 30, 2024
IRT dividend stats
vs. Real Estate sector
Dividend yield
Independence Realty Trust's dividend yield of 2.98% is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 5.99%, Independence Realty Trust's dividend yield is 50% lower. Historically IRT's dividend yield has averaged at 3.7% in the last 5 years, which is more than the current one.
Dividend history
Independence Realty Trust has a history of paying dividends since 2013. Our records of IRT show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 7% for the last twelve months. But since the stock price has gone up by 62% from a year ago, the dividend yield has decreased by 34%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.16 | 3.12% |
| Jun 28, 2024 | $0.16 | 3.42% |
| Mar 27, 2024 | $0.16 | 4% |
| Dec 28, 2023 | $0.16 | 3.97% |
| Sep 28, 2023 | $0.16 | 4.26% |
| Jun 29, 2023 | $0.16 | 3.17% |
| Mar 30, 2023 | $0.14 | 3.57% |
| Dec 29, 2022 | $0.14 | 3.18% |
| Sep 29, 2022 | $0.14 | 3.2% |
| Jun 30, 2022 | $0.14 | 2.99% |
| Mar 31, 2022 | $0.12 | 1.82% |
| Dec 29, 2021 | $0.021 | 1.96% |
| Dec 16, 2021 | $0.099 | 1.9% |
| Sep 30, 2021 | $0.12 | 2.36% |
| Jul 1, 2021 | $0.12 | 2.64% |
| Mar 31, 2021 | $0.12 | 3.16% |
| Dec 29, 2020 | $0.12 | 4.06% |
| Oct 1, 2020 | $0.12 | 5.05% |
| Jul 1, 2020 | $0.12 | 5.71% |
| Apr 1, 2020 | $0.18 | 8.94% |
| Dec 24, 2019 | $0.18 | 5.2% |
| Sep 26, 2019 | $0.18 | 5% |
| Jun 27, 2019 | $0.18 | 6.27% |
| Mar 28, 2019 | $0.18 | 6.67% |
| Dec 26, 2018 | $0.18 | 7.82% |
| Oct 4, 2018 | $0.18 | 6.77% |
| Jul 5, 2018 | $0.18 | 6.43% |
| Apr 3, 2018 | $0.18 | 7.19% |
| Dec 28, 2017 | $0.06 | 7.06% |
| Nov 29, 2017 | $0.06 | 6.92% |
| Oct 30, 2017 | $0.06 | 7.05% |
| Sep 28, 2017 | $0.06 | 7.12% |
| Aug 29, 2017 | $0.06 | 7.11% |
| Jul 27, 2017 | $0.06 | 7.12% |
| Jun 28, 2017 | $0.06 | 7.28% |
| May 26, 2017 | $0.06 | 7.53% |
| Apr 26, 2017 | $0.06 | 7.7% |
| Mar 29, 2017 | $0.06 | 7.77% |
| Feb 24, 2017 | $0.06 | 7.8% |
| Jan 27, 2017 | $0.06 | 7.89% |
| Dec 28, 2016 | $0.06 | 8.29% |
| Nov 28, 2016 | $0.06 | 8.1% |
| Oct 27, 2016 | $0.06 | 8.4% |
| Sep 28, 2016 | $0.06 | 7.86% |
| Aug 29, 2016 | $0.06 | 7.76% |
| Jul 27, 2016 | $0.06 | 8.12% |
| Jun 28, 2016 | $0.06 | 9.45% |
| May 26, 2016 | $0.06 | 9.38% |
| Apr 27, 2016 | $0.06 | 10.04% |
| Mar 29, 2016 | $0.06 | 10.5% |
| Feb 25, 2016 | $0.06 | 11.06% |
| Jan 27, 2016 | $0.06 | 10.71% |
| Dec 29, 2015 | $0.06 | 9.29% |
| Nov 25, 2015 | $0.06 | 9.35% |
| Oct 28, 2015 | $0.06 | 9.38% |
| Sep 28, 2015 | $0.026 | 10.08% |
| Sep 11, 2015 | $0.034 | 9.86% |
| Aug 27, 2015 | $0.06 | 9.65% |
| Jul 29, 2015 | $0.06 | 8.83% |
| Jun 26, 2015 | $0.06 | 9% |
| May 27, 2015 | $0.06 | 8.15% |
| Apr 28, 2015 | $0.06 | 7.77% |
| Mar 27, 2015 | $0.06 | 7.73% |
| Feb 25, 2015 | $0.06 | 7.94% |
| Jan 28, 2015 | $0.06 | 7.48% |
Independence Realty Trust dividend payouts
Total amount of dividends paid per financial year (from cash flow)
IRT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MPW Medical Properties Trust Inc | 12.5% | $0.53 | N/A |
| BDN Brandywine Realty Trust | 10.83% | $0.6 | N/A |
| BFS Saul Centers Inc | 5.93% | $2.36 | 127.6% |
| IRT Independence Realty Trust Inc | 2.98% | $0.64 | N/A |
Frequently asked questions
Does Independence Realty Trust pay a dividend?
Yes, Independence Realty Trust has been paying dividends for the last 11 years.
When was IRT's last dividend?
Independence Realty Trust's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.16 per share.
How much dividend does Independence Realty Trust pay (per share)?
IRT's annualized dividend per share is $0.64.
What is Independence Realty Trust's dividend yield?
The current dividend yield of Independence Realty Trust is 2.98%.
How often does Independence Realty Trust pay dividends?
Independence Realty Trust pays dividends quarterly.
Does Independence Realty Trust pay a good dividend?
Independence Realty Trust's dividend yield is less than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.