IRT Independence Realty Trust, Inc. — dividend yield, history & ex-dividend dates
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
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.
How the Dividend Safety Score is built for IRT
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 58% (TTM to Jun 30, 2026) | 100 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 6.3x (TTM to Jun 30, 2026) | 67 | 20% |
| Interest coverage | Interest coverage, EBITDA basis 4.6x (TTM to Jun 30, 2026) | 64 | 15% |
| Dividend record | 13 years of uninterrupted regular payments; last cut Jul 1, 2020 (-33.3%), within 10 years: capped at 50 | 50 | 20% |
| Operating cash flow stability | Operating 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
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 4.4% (2020–2025) | 68 | 25% |
| Consecutive annual increases | 4 consecutive annual increases (through 2025) | 52 | 20% |
| Payout headroom | Headroom 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 growth | 10-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
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 59th percentile of its 120 month-end yields | 59 | 40% |
| P/OCF vs own 5-year median | P/OCF 12.8 is 0.85x its 5-year median of 15.1 | 73 | 25% |
| Operating cash flow yield | Operating cash flow yield 8.1% (TTM to Jun 30, 2026) | 61 | 20% |
| P/OCF vs peers | P/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
Quote & Key Data
Dividend Growth
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
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.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| 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 |
Related Guides & Lists
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.