40 minutes ago
Independence Realty Trust Increases Quarterly Dividend by 6%
May 13, 2026
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors approved a quarterly dividend of $0.18 per share of IRT common stock, which represents a 5.9% increase over the prior quarterly rate of $0.17 per share. The second quarter 2026 dividend is payable on July 17, 2026, to shareholders of record at the close of business on June 26, 2026.
"The Board's decision to increase our quarterly dividend reflects our conviction in the strength of our operating platform and the improving fundamentals we are seeing across our markets," said Scott Schaeffer, Chairman and CEO of IRT. "Demand for quality apartment homes remains resilient, and we are well-positioned to capture the benefits of a favorable supply-demand environment as new deliveries moderate. This increase is a direct expression of our confidence in our ability to grow cash flow and deliver sustainable, long-term value to our shareholders."
May 13, 2026
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors approved a quarterly dividend of $0.18 per share of IRT common stock, which represents a 5.9% increase over the prior quarterly rate of $0.17 per share. The second quarter 2026 dividend is payable on July 17, 2026, to shareholders of record at the close of business on June 26, 2026.
"The Board's decision to increase our quarterly dividend reflects our conviction in the strength of our operating platform and the improving fundamentals we are seeing across our markets," said Scott Schaeffer, Chairman and CEO of IRT. "Demand for quality apartment homes remains resilient, and we are well-positioned to capture the benefits of a favorable supply-demand environment as new deliveries moderate. This increase is a direct expression of our confidence in our ability to grow cash flow and deliver sustainable, long-term value to our shareholders."