IRT Dividend History & Analysis | 4.1% Yield

IRT has a dividend yield of 4.1% and paid 0.68 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.13%
Payout Ratio 2.8%
Growth Rate CAGR 5y 8.69%
Consistency Lifetime 95.0%
Yield on Cost 5y 5.08%
Payout FCF 155.3%
Streak Years 4
Dividend Rating 67.03%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Yield (right) Price (left) ┅┅ Avg Yield

Top Dividend Payers in Multi-Family Residential REITs

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
AIV 582 M 73.06% 152.70%
CTO 625 M 8.51% 12.76%
CRESY 890 M 5.36% 16.03%
CSR 1,051 M 5.12% 5.65%
MAA 14,989 M 4.29% 6.16%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
CRESY 890 M 66.27% 45.2%
AIV 582 M 33.91% 7.6%
JOE 3,762 M 16.03% 52.0%
NXRT 1,289 M 10.08% 100.0%
CPT 10,560 M 6.05% 96.3%
Quality Dividend Peers in Multi-Family Residential REITs JOE St Joe
1.06% Yield
IRT Dividend History: Last 50 Payments (USD) as of April 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-03-27 2026-03-27 2026-04-17 Quarterly 0.17 0% 1.15%
2025-12-31 2025-12-31 2026-01-23 Quarterly 0.17 0% 0.96%
2025-09-30 2025-09-30 2025-10-24 Quarterly 0.17 0% 1.04%
2025-06-27 2025-06-27 2025-07-18 Quarterly 0.17 +6.3% 0.96%
2025-03-28 2025-03-28 2025-04-21 Quarterly 0.16 0% 0.76%
2024-12-31 2024-12-31 2025-01-17 Quarterly 0.16 0% 0.81%
2024-09-30 2024-09-30 2024-10-18 Quarterly 0.16 0% 0.79%
2024-06-28 2024-06-28 2024-07-19 Quarterly 0.16 0% 0.87%
2024-03-27 2024-03-29 2024-04-19 Quarterly 0.16 0% 1.01%
2023-12-28 2023-12-29 2024-01-19 Quarterly 0.16 0% 1.04%
2023-09-28 2023-09-29 2023-10-20 Quarterly 0.16 0% 1.15%
2023-06-29 2023-06-30 2023-07-21 Quarterly 0.16 +14.3% 0.9%
2023-03-30 2023-03-31 2023-04-21 Quarterly 0.14 0% 0.89%
2022-12-29 2022-12-30 2023-01-20 Quarterly 0.14 0% 0.84%
2022-09-29 2022-09-30 2022-10-21 Quarterly 0.14 0% 0.84%
2022-06-30 2022-07-01 2022-07-22 Quarterly 0.14 +16.7% 0.68%
2022-03-31 2022-04-01 2022-04-22 Quarterly 0.12 +471.4% 0.45%
2021-12-29 2021-12-30 2022-01-21 Quarterly 0.021 -78.8% 0.09%
2021-12-16 2021-12-17 2022-01-18 Other 0.099 -17.5% 0.43%
2021-09-30 2021-10-01 2021-10-22 Quarterly 0.12 0% 0.58%
2021-07-01 2021-07-02 2021-07-23 Quarterly 0.12 0% 0.66%
2021-03-31 2021-04-02 2021-04-23 Quarterly 0.12 0% N/A
2020-12-29 2020-12-30 2021-01-22 Quarterly 0.12 0% N/A
2020-10-01 2020-10-02 2020-10-23 Quarterly 0.12 0% N/A
2020-07-01 2020-07-02 2020-07-24 Quarterly 0.12 -33.3% N/A
2020-04-01 2020-04-02 2020-04-24 Quarterly 0.18 0% N/A
2019-12-24 2019-12-26 2020-01-24 Quarterly 0.18 0% N/A
2019-09-26 2019-09-27 2019-10-25 Quarterly 0.18 0% N/A
2019-06-27 2019-06-28 2019-07-25 Quarterly 0.18 0% N/A
2019-03-28 2019-03-29 2019-04-25 Quarterly 0.18 0% N/A
2018-12-26 2018-12-27 2019-01-24 Quarterly 0.18 0% N/A
2018-10-04 2018-10-05 2018-10-19 Quarterly 0.18 0% N/A
2018-07-05 2018-07-06 2018-07-20 Quarterly 0.18 0% N/A
2018-04-03 2018-04-04 2018-04-20 Quarterly 0.18 +200% N/A
2017-12-28 2017-12-29 2018-01-15 Monthly 0.06 0% N/A
2017-11-29 2017-11-30 2017-12-15 Monthly 0.06 0% N/A
2017-10-30 2017-10-31 2017-11-15 Monthly 0.06 0% N/A
2017-09-28 2017-09-29 2017-10-13 Monthly 0.06 0% N/A
2017-08-29 2017-08-31 2017-09-15 Monthly 0.06 0% N/A
2017-07-27 2017-07-31 2017-08-15 Monthly 0.06 0% N/A
2017-06-29 Monthly 0.06 0% N/A
2017-05-30 Monthly 0.06 0% N/A
2017-04-27 Monthly 0.06 0% N/A
2017-03-30 Monthly 0.06 0% N/A
2017-02-27 Monthly 0.06 0% N/A
2017-01-30 Monthly 0.06 0% N/A
2016-12-28 2016-12-30 2017-01-17 Monthly 0.06 0% N/A
2016-11-28 2016-11-30 2016-12-15 Monthly 0.06 0% N/A
2016-10-27 2016-10-31 2016-11-15 Monthly 0.06 0% N/A
2016-09-28 2016-09-30 2016-10-17 Monthly 0.06 0% N/A

IRT Dividend FAQ

Independence Realty Trust (IRT) is a real estate investment trust (REIT) specializing in multifamily residential properties. REITs are companies that own, operate, or finance income-producing real estate.

What is the Dividend Yield of IRT?

As of April 2026, IRT's dividend yield is 4.13%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.68 USD by the current share price of 15.25.

Does IRT pay a dividend?

As of April 2026, IRT paid a dividend of 0.68 USD in the last 12 months. The last dividend was paid on 2026-03-27 and the payout was 0.17 USD.

How often does IRT pay dividends?

IRT pays dividends quarterly. Over the last 12 months, IRT has issued 4 dividend payments. The last dividend payment was made on 2026-03-27.

IRT dividend forecast

Based on historical data, the forecasted dividends per share for IRT for the next payments are between 0.157 (-7.6%) and 0.179 (+5.3%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.43%.

Will IRT pay dividends in 2026?

The latest dividend paid per share was 0.17 USD with an Ex-Dividend Date of 2026-03-27. The next Ex-Dividend date for Independence Realty Trust (IRT) is currently unknown.

What is the next Ex-Dividend Date for IRT?

The next Ex-Dividend date for Independence Realty Trust (IRT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of IRT?

IRT's average dividend growth rate over the past 5 years is 8.69% per year. Strong growth: IRT's dividend growth is outpacing inflation.

What is the Yield on Cost of IRT?

IRT's 5-Year Yield on Cost is 5.08%. If you bought IRT's shares at 13.39 USD five years ago, your current annual dividend income (0.68 USD per share, trailing 12 months) equals 5.08% of your original purchase price.

What is the Payout Consistency of IRT?

IRT Payout Consistency is 95.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Independence Realty Trust has a strong track record of consistent dividend payments over its lifetime.

Does IRT have a good Dividend Yield?

IRT's 4.13% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of IRT?

The Dividend Payout Ratio of IRT is 2.8%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of IRT?

IRT's Overall Dividend Rating is 67.03%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

IRT Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

What is the Trend in IRT's Outstanding Shares?

Independence Realty Trust's outstanding shares have increased by approximately 4.19% annually over the past 3 years (Trend Reliability: 100.0%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has IRT ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2009 9,643,500 0%
2010 9,643,500 0%
2011 9,643,500 0%
2012 9,643,500 0%
2013 9,649,800 +0.07%
2014 28,578,900 +196.16%
2015 46,966,600 +64.34%
2016 67,127,000 +42.92%
2017 83,849,400 +24.91%
2018 89,033,000 +6.18%
2019 91,409,900 +2.67%
2020 95,876,400 +4.89%
2021 126,675,600 +32.12%
2022 224,915,100 +77.55%
2023 224,506,000 -0.18%
2024 225,584,000 +0.48%
2025 243,707,100 +8.03%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-31 02:36 UTC