1. IRT announces a quarterly dividend of $0.17 per share. 2. Dividend payable on October 24, 2025, to shareholders of record. 3. IRT focuses on multifamily communities in non-gateway U.S. markets. 4. Strategy emphasizes growth near employment centers and high-quality amenities. 5. Goal is to provide attractive returns through portfolio management.
The announcement of a dividend indicates profitability and stability, which often boosts investor confidence. Historically, companies that consistently provide dividends experience less stock volatility and potential price appreciation.
The dividend announcement is a key indicator of IRT's financial health and may encourage investment. Strong dividends can attract income-focused investors, affecting stock demand positively.
The immediate reaction to dividend announcements is usually quick, affecting stock prices shortly after the news. For example, similar announcements in the past led to price increases within weeks.
Independence Realty Trust, Inc. (NYSE:IRT) ("IRT") announces that its Board of Directors approved a quarterly dividend of $0.17 per share of IRT common stock. The third quarter 2025 dividend is payable on October 24, 2025 to shareholders of record at the close of business on September 30, 2025.
About IRT
Independence Realty Trust, Inc. (NYSE:IRT), an S&P 400 MidCap Company, is a real estate investment trust ("REIT") that owns and operates multifamily communities, across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. More information may be found on the Company's website www.irtliving.com.
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Investor Relations:
Stephanie Krewson-Kelly
267-270-4815
SKrewson@IRTLiving.com