Independence Realty Trust (IRT) Declares $0.12 Quarterly Dividend; 1.9% Yield

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Go back to Independence Realty Trust (IRT) Declares $0.12 Quarterly Dividend; 1.9% Yield

Independence Realty Trust Announces First Quarter 2022 Dividend

March 14, 2022 4:35 PM EDT

PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (NYSE: IRT) (IRT) announced that today IRTs board of directors declared a quarterly dividend of $0.12 per share of IRT common stock, payable on April 22, 2022 to stockholders of record at the close of business on April 1, 2022.

Upon the completion of our merger with STAR, we are in a unique position of strength, said Scott Schaeffer, Chairman and CEO of IRT. We plan to invest our excess cash flow into several investment opportunities that will deliver strong returns, namely our value add renovations and development projects. The Board... More