Is Independence Realty Trust Inc a good dividend stock?

Independence Realty Trust Inc (IRT) is a dividend-paying stock with a current dividend yield of 4.11%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is IRT's dividend yield?

The dividend yield for IRT stock is currently 4.11%.

How much does IRT pay in dividends per year?

Independence Realty Trust Inc pays an annual dividend of $0.6900 per share over the trailing twelve months.

How often does IRT pay dividends?

IRT stock pays dividends quarterly.

Is IRT's dividend growing?

Independence Realty Trust Inc's 3-year dividend CAGR is 6.69%.

IRT Stock Price, Chart, Stats & News

Independence Realty Trust Inc

Save

Overview Dividend safety Dividends Fundamentals

Independence Realty Trust Inc (IRT) is a dividend-paying stock with a current dividend yield of 4.11% as of Jun 29, 2026. It pays $0.6900 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 7.21% 5-year compound annual rate.

3.96B

Market cap

14.60x

Current P/E

76.92x

Forward P/E

4.11%

Dividend yield

$0.6900

IRT dividend

Dividend safety

Strong

Dividend coverage looks healthy — IRT pays out about 60% of earnings.

See the safety analysis

IRT chart

Loading chart...

Fundamentals

Gross margin	39.91%
Operating margin	18.45%
Pretax margin	8.77%
Net margin	8.60%
Effective tax rate	–
ROA	0.94%
ROE	1.64%
D/E	0.66x
Interest coverage ratio	1.54x

All financials

IRT valuation

P/E	14.60x
P/S	5.33x
P/B	1.04x
P/CF	12.75x
P/FCF	23.90x
P/OCF	12.75x
PEG	0.42x
EV multiple	3.34x

About

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.