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IRT Independence Realty Trust, Inc. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Real Estate / REIT - Residential

$14.45 ▼ $-0.41(-2.76%) as of Oct 29, 2026 06:20 UTC
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Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

Dividend Snapshot

StatusGrowing
Last Dividend$0.1800Paid Oct 23, 2026
Forward Annual$0.72From the $0.1800 dividend declared Sep 08, 2026
FrequencyQuarterly
Last Ex-DateSep 30, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth4.7%Annual totals, 2024–2025
10-Yr Growth-0.7%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

78/100

Strong indicators

Complete data

Dividend Growth Score

64/100

Strong growth record

Complete data

Dividend Value Score

61/100

Below own historical valuation

Complete data

DividendRank

69/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for IRT
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Operating cash flow payout ratioOperating cash flow payout ratio 58% (TTM to Jun 30, 2026) 100 35%
Net debt / EBITDANet debt / EBITDA 6.3x (TTM to Jun 30, 2026) 67 20%
Interest coverageInterest coverage, EBITDA basis 4.6x (TTM to Jun 30, 2026) 64 15%
Dividend record13 years of uninterrupted regular payments; last cut Jul 1, 2020 (-33.3%), within 10 years: capped at 50 50 20%
Operating cash flow stabilityOperating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for IRT
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 4.4% (2020–2025) 68 25%
Consecutive annual increases4 consecutive annual increases (through 2025) 52 20%
Payout headroomHeadroom from the operating cash flow payout ratio 58% (TTM to Jun 30, 2026) 100 20%
Operating cash flow per share growth (3 years)Operating cash flow per share CAGR 2.4% (FY2022–FY2025) 57 15%
Revenue growth (3 years)Revenue CAGR 1.5% (FY2022–FY2025) 53 10%
10-year dividend growth10-year dividend CAGR -0.7% (2015–2025) 21 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Value Score is built for IRT
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 59th percentile of its 120 month-end yields 59 40%
P/OCF vs own 5-year medianP/OCF 12.8 is 0.85x its 5-year median of 15.1 73 25%
Operating cash flow yieldOperating cash flow yield 8.1% (TTM to Jun 30, 2026) 61 20%
P/OCF vs peersP/OCF 12.8 vs peer median 12.6 (1.02x; 112 reit / Real Estate securities) 48 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

Key Metrics

Current Yield

4.98%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.7200

Declared Sep 08, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

40

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$14.44 – $17.77

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio

-

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

13

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.05

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 78/100, yield 4.98%.
A Accelerating
4 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
13 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume2,872,119Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$15.28Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$14.88 – $15.28Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$15.17Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$3.41BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out235.74MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$0.1812 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)81.5Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 30, 2026Paid Oct 23, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)7.5%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)4.4%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases4 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

IRT's dividend yield rose from 4.33% to 4.98% over the past ~90 days (+0.65 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.65 pp from the share price ($16.63 on Jul 31, 2026 → $14.45 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current4.98%
1-Yr Average4.31%
Low / High3.83% – 4.99%
Percentile100%

Across 273 daily observations over the past 13 months (through Oct 23, 2026), IRT's current yield is higher than approximately 100% of them. Our stored price history for IRT covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1800 Q Regular Sep 08, 2026 Sep 30, 2026 Sep 30, 2026 Oct 23, 2026
$0.1800 Q Regular May 13, 2026 Jun 26, 2026 Jun 26, 2026 Jul 17, 2026
$0.1700 Q Regular Mar 09, 2026 Mar 27, 2026 Mar 27, 2026 Apr 17, 2026
$0.1700 Q Regular Dec 15, 2025 Dec 31, 2025 Dec 31, 2025 Jan 23, 2026
$0.1700 Q Regular Sep 08, 2025 Sep 30, 2025 Sep 30, 2025 Oct 24, 2025
$0.1700 Q Regular May 14, 2025 Jun 27, 2025 Jun 27, 2025 Jul 18, 2025
$0.1600 Q Regular Mar 10, 2025 Mar 28, 2025 Mar 28, 2025 Apr 21, 2025
$0.1600 Q Regular Dec 16, 2024 Dec 31, 2024 Dec 31, 2024 Jan 17, 2025
$0.1600 Q Regular Sep 17, 2024 Sep 30, 2024 Sep 30, 2024 Oct 18, 2024
$0.1600 Q Regular Jun 10, 2024 Jun 28, 2024 Jun 28, 2024 Jul 19, 2024
$0.1600 Q Regular Mar 11, 2024 Mar 27, 2024 Mar 29, 2024 Apr 19, 2024
$0.1600 Q Regular Dec 11, 2023 Dec 28, 2023 Dec 29, 2023 Jan 19, 2024
$0.1600 Q Regular Sep 12, 2023 Sep 28, 2023 Sep 29, 2023 Oct 20, 2023
$0.1600 Q Regular May 10, 2023 Jun 29, 2023 Jun 30, 2023 Jul 21, 2023
$0.1400 Q Regular Mar 13, 2023 Mar 30, 2023 Mar 31, 2023 Apr 21, 2023
$0.1400 Q Regular Dec 12, 2022 Dec 29, 2022 Dec 30, 2022 Jan 20, 2023
$0.1400 Q Regular Sep 12, 2022 Sep 29, 2022 Sep 30, 2022 Oct 21, 2022
$0.1400 Q Regular May 18, 2022 Jun 30, 2022 Jul 01, 2022 Jul 22, 2022
$0.1200 Q Regular Mar 14, 2022 Mar 31, 2022 Apr 01, 2022 Apr 22, 2022
$0.0210 Q Special Dec 02, 2021 Dec 29, 2021 Dec 30, 2021 Jan 21, 2022
$0.0991 Q Regular Dec 02, 2021 Dec 16, 2021 Dec 17, 2021 Jan 18, 2022
$0.1200 Q Regular Sep 13, 2021 Sep 30, 2021 Oct 01, 2021 Oct 22, 2021
$0.1200 Q Regular Jun 14, 2021 Jul 01, 2021 Jul 02, 2021 Jul 23, 2021
$0.1200 Q Regular Mar 15, 2021 Mar 31, 2021 Apr 02, 2021 Apr 23, 2021
$0.1200 Q Regular Dec 14, 2020 Dec 29, 2020 Dec 30, 2020 Jan 22, 2021
$0.1200 Q Regular Sep 15, 2020 Oct 01, 2020 Oct 02, 2020 Oct 23, 2020
$0.1200 Q Regular Jun 15, 2020 Jul 01, 2020 Jul 02, 2020 Jul 24, 2020
$0.1800 Q Regular Mar 16, 2020 Apr 01, 2020 Apr 02, 2020 Apr 24, 2020
$0.1800 Q Regular Dec 16, 2019 Dec 24, 2019 Dec 26, 2019 Jan 24, 2020
$0.1800 Q Regular Sep 12, 2019 Sep 26, 2019 Sep 27, 2019 Oct 25, 2019
$0.1800 Q Regular Jun 17, 2019 Jun 27, 2019 Jun 28, 2019 Jul 25, 2019
$0.1800 Q Regular Mar 18, 2019 Mar 28, 2019 Mar 29, 2019 Apr 25, 2019
$0.1800 Q Regular Dec 13, 2018 Dec 26, 2018 Dec 27, 2018 Jan 24, 2019
$0.1800 Q Regular Sep 17, 2018 Oct 04, 2018 Oct 05, 2018 Oct 19, 2018
$0.1800 Q Regular Jun 14, 2018 Jul 05, 2018 Jul 06, 2018 Jul 20, 2018
$0.1800 Q Regular Mar 13, 2018 Apr 03, 2018 Apr 04, 2018 Apr 20, 2018
$0.0600 M Regular Oct 12, 2017 Dec 28, 2017 Dec 29, 2017 Jan 15, 2018
$0.0600 M Regular Oct 12, 2017 Nov 29, 2017 Nov 30, 2017 Dec 15, 2017
$0.0600 M Regular Oct 12, 2017 Oct 30, 2017 Oct 31, 2017 Nov 15, 2017
$0.0600 M Regular Sep 06, 2017 Sep 28, 2017 Sep 29, 2017 Oct 13, 2017
$0.0600 M Regular Aug 04, 2017 Aug 29, 2017 Aug 31, 2017 Sep 15, 2017
$0.0600 M Regular Jul 14, 2017 Jul 27, 2017 Jul 31, 2017 Aug 15, 2017
$0.0600 M Regular Apr 17, 2017 Jun 28, 2017 Jun 30, 2017 Jul 17, 2017
$0.0600 M Regular Apr 13, 2017 May 26, 2017 May 31, 2017 Jun 15, 2017
$0.0600 M Regular Apr 13, 2017 Apr 26, 2017 Apr 28, 2017 May 15, 2017
$0.0600 M Regular Jan 16, 2017 Mar 29, 2017 Mar 31, 2017 Apr 17, 2017
$0.0600 M Regular Jan 13, 2017 Feb 24, 2017 Feb 28, 2017 Mar 15, 2017
$0.0600 M Regular Jan 13, 2017 Jan 27, 2017 Jan 31, 2017 Feb 15, 2017
$0.0600 M Regular Oct 17, 2016 Dec 28, 2016 Dec 30, 2016 Jan 17, 2017
$0.0600 M Regular Oct 13, 2016 Nov 28, 2016 Nov 30, 2016 Dec 15, 2016
$0.0600 M Regular Oct 13, 2016 Oct 27, 2016 Oct 31, 2016 Nov 15, 2016
$0.0600 M Regular Jul 18, 2016 Sep 28, 2016 Sep 30, 2016 Oct 17, 2016
$0.0600 M Regular Jul 14, 2016 Aug 29, 2016 Aug 31, 2016 Sep 15, 2016
$0.0600 M Regular Jul 14, 2016 Jul 27, 2016 Jul 29, 2016 Aug 15, 2016
$0.0600 M Regular Apr 18, 2016 Jun 28, 2016 Jun 30, 2016 Jul 15, 2016
$0.0600 M Regular Apr 15, 2016 May 26, 2016 May 31, 2016 Jun 15, 2016
$0.0600 M Regular Apr 15, 2016 Apr 27, 2016 Apr 29, 2016 May 16, 2016
$0.0600 M Regular Feb 29, 2016 Mar 29, 2016 Mar 31, 2016 Apr 15, 2016
$0.0600 M Regular Jan 15, 2016 Feb 25, 2016 Feb 29, 2016 Mar 15, 2016
$0.0600 M Regular Jan 15, 2016 Jan 27, 2016 Jan 29, 2016 Feb 16, 2016
$0.0600 M Regular Oct 26, 2015 Dec 29, 2015 Dec 31, 2015 Jan 15, 2016
$0.0600 M Regular Oct 20, 2015 Nov 25, 2015 Nov 30, 2015 Dec 15, 2015
$0.0600 M Regular Oct 20, 2015 Oct 28, 2015 Oct 30, 2015 Nov 16, 2015
$0.0260 M Regular Jul 01, 2015 Sep 28, 2015 Sep 30, 2015 Oct 15, 2015
$0.0340 I Special Sep 04, 2015 Sep 11, 2015 Sep 15, 2015 Oct 15, 2015
$0.0600 M Regular Jul 02, 2015 Aug 27, 2015 Aug 31, 2015 Sep 15, 2015
$0.0600 M Regular Jul 02, 2015 Jul 29, 2015 Jul 31, 2015 Aug 17, 2015
$0.0600 M Regular Apr 20, 2015 Jun 26, 2015 Jun 30, 2015 Jul 15, 2015
$0.0600 M Regular Apr 14, 2015 May 27, 2015 May 29, 2015 Jun 15, 2015
$0.0600 M Regular Apr 14, 2015 Apr 28, 2015 Apr 30, 2015 May 15, 2015
$0.0600 M Regular Jan 26, 2015 Mar 27, 2015 Mar 31, 2015 Apr 15, 2015
$0.0600 M Regular Jan 20, 2015 Feb 25, 2015 Feb 27, 2015 Mar 16, 2015
$0.0600 M Regular Jan 20, 2015 Jan 28, 2015 Jan 30, 2015 Feb 17, 2015
$0.0600 M Regular Oct 20, 2014 Dec 29, 2014 Dec 31, 2014 Jan 15, 2015
$0.0600 M Regular Oct 17, 2014 Nov 25, 2014 Nov 28, 2014 Dec 15, 2014
$0.0600 M Regular Oct 17, 2014 Oct 29, 2014 Oct 31, 2014 Nov 17, 2014
$0.0600 M Regular Jul 14, 2014 Sep 26, 2014 Sep 30, 2014 Oct 15, 2014
$0.0600 M Regular Aug 01, 2014 Aug 27, 2014 Aug 29, 2014 Sep 16, 2014
$0.0600 M Regular Jul 11, 2014 Jul 29, 2014 Jul 31, 2014 Aug 15, 2014
$0.0600 M Regular Apr 28, 2014 Jun 26, 2014 Jun 30, 2014 Jul 15, 2014
$0.0600 M Regular Apr 21, 2014 May 28, 2014 May 30, 2014 Jun 16, 2014
$0.0600 M Regular Apr 21, 2014 Apr 28, 2014 Apr 30, 2014 May 15, 2014
$0.0600 M Regular Jan 20, 2014 Mar 27, 2014 Mar 31, 2014 Apr 15, 2014
$0.0600 M Regular Jan 16, 2014 Feb 26, 2014 Feb 28, 2014 Mar 17, 2014
$0.0600 M Regular Jan 16, 2014 Jan 29, 2014 Jan 31, 2014 Feb 17, 2014
$0.0533 M Regular Oct 14, 2013 Dec 27, 2013 Dec 31, 2013 Jan 15, 2014
$0.0533 M Regular Oct 10, 2013 Nov 26, 2013 Nov 29, 2013 Dec 16, 2013
$0.0533 M Regular Oct 10, 2013 Oct 29, 2013 Oct 31, 2013 Nov 15, 2013
$0.0533 M Regular Aug 29, 2013 Sep 26, 2013 Sep 30, 2013 Oct 15, 2013
$0.0533 M Regular Aug 29, 2013 Aug 30, 2013 Aug 30, 2013 Sep 13, 2013

Peer Comparison

Selected REIT - Residential dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
INVH Invitation Homes Inc. 4.49% 14.3% 7 yrs 84
CPT Camden Property Trust 4.26% 4.8% 4 yrs 83
MAA Mid-America Apartment Communities, Inc. 5.24% 8.7% 15 yrs 83
ELS Equity LifeStyle Properties, Inc. 3.74% 8.5% 21 yrs 81

IRT dividend — frequently asked questions

Does Independence Realty Trust, Inc. pay a dividend?

Yes. Independence Realty Trust, Inc. (IRT) currently pays a dividend. The annualized dividend is about $0.72 per share, a yield of approximately 4.98%.

What is Independence Realty Trust, Inc.'s dividend yield?

Independence Realty Trust, Inc.'s dividend yield is approximately 4.98%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Independence Realty Trust, Inc. pay dividends?

Independence Realty Trust, Inc. pays dividends quarterly — 4 times per year.

How long has Independence Realty Trust, Inc. paid dividends?

Independence Realty Trust, Inc. has 13 years of dividend payments on record, and has increased its dividend for 4 consecutive years.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.