Independence Realty Trust, Inc.
IRTReal Estate · Stock · quarterly payer
$16.54
Add to PortfolioForward Yield
4.17%
Annual Dividend
$0.69
Payout Ratio
340%
5-Yr Growth
7.2%
Ex-Date
Jun 26, 2026
Frequency
Quarterly
IRT Dividend Safety Score
53/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage340% of earnings paid out
Balance-sheet strengthDebt/equity of 0.69
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is IRT a good dividend stock?
MixedIndependence Realty Trust, Inc. (IRT) pays a quarterly dividend yielding 4.17% ($0.69/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 7.2% 5-yr dividend growth
Risks
- Cut its dividend in 2021
- Elevated payout ratio (340%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.17%
- Payout Ratio
- 340%
- Annual Dividend
- $0.69
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Jun 26, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.97
- Market Cap
- $4.0B
- P/E Ratio
- 82.7
- 5-Yr Total Return
- -9%
- 52-Week Range
- $14.60 – $18.74
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 27, 2026 | — | $0.1700 | regular |
| Dec 31, 2025 | — | $0.1700 | regular |
| Sep 30, 2025 | — | $0.1700 | regular |
| Jun 27, 2025 | — | $0.1700 | regular |
| Mar 28, 2025 | — | $0.1600 | regular |
| Dec 31, 2024 | — | $0.1600 | regular |
| Sep 30, 2024 | — | $0.1600 | regular |
| Jun 28, 2024 | — | $0.1600 | regular |
| Mar 27, 2024 | — | $0.1600 | regular |
| Dec 28, 2023 | — | $0.1600 | regular |
| Sep 28, 2023 | — | $0.1600 | regular |
| Jun 29, 2023 | — | $0.1600 | regular |
| Mar 30, 2023 | — | $0.1400 | regular |
| Dec 29, 2022 | — | $0.1400 | regular |
Income Calculator
At $0.69 / yr per share
Per payment (quarterly)$17.25
Annual$69.00
Monthly avg$5.75
