NYSE · Dividend

Independence Realty Trust, Inc. (IRT) Dividend

$16.74 NYSE: IRT Market Cap $3.95B
MetricValue
Dividend Yield4.30%
Indicated Annual Dividend$0.72
Payout Ratio7.07%
FCF Yield3.84%
Current Price$16.74

Dividend Analysis

Independence Realty Trust, Inc. (IRT) currently pays a dividend yielding 4.30%, an indicated annual rate of roughly $0.72 per share. The payout ratio is 7.07%, meaning less than 40% of reported earnings were paid out as dividends. Free cash flow yield is 3.84%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.

The payout ratio is 7.1% of earnings; free cash flow yield of 3.84% is below the 4.30% dividend yield, so the dividend is not fully covered by free cash flow at the current price.

Payment schedule

MeasureValue
Indicated annual dividendYield times the current share price.$0.72
Dividend yieldAnnual dividend as a percentage of the share price.4.30%

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

InvestedSharesIncome per year
$1,00059.7$43.00
$5,000298.7$215.00
$10,000597.4$430.00
$25,0001493.4$1075.00
$50,0002986.9$2150.00

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share pricePriceYield
At the 52-week high$18.183.96%
Today$16.744.30%
At the 52-week low$14.604.93%

Dividend yield against peers

Independence Realty Trust, Inc. ranks 4 of 6 by dividend yield among these companies; 3 yield more.

CompanyYieldP/EPrice
EPR Properties (EPR)6.59%17.98$55.97
Broadstone Net Lease, Inc. (BNL)6.19%24.88$17.36
National Health Investors, Inc. (NHI)5.72%18.94$67.06
Independence Realty Trust, Inc. (IRT)4.30%82.18$16.74
DBRG (DBRG)0.25%10.08$16.00
Americold Realty Trust, Inc. (COLD)0.00%-40.24$15.78

Independence Realty Trust, Inc. (IRT) dividend — frequently asked questions

Does Independence Realty Trust, Inc. (IRT) pay a dividend?

Yes. Independence Realty Trust, Inc. (IRT) pays a dividend yielding 4.30%, an indicated annual rate of about $0.72 per share.

What is IRT's dividend payout ratio?

The payout ratio is 7.07%, meaning less than 40% of reported earnings were paid out as dividends. The payout ratio is dividends paid divided by reported net income.

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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.