IRT Stock — Independence Realty Trust, Inc.

Independence Realty Trust, Inc. (IRT)

Updated October 16, 2026.

IRT is a Stock. its distribution rate is 4.87%, its trailing-12-month yield is 4.74%. Dividend Vision Distribution Safety Score™ is 90/100 (Safe). Total return is 268.4% over the past 13.2 years, 194.2 points behind SPY at 462.6%.

Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment communities in non-gateway U.S. markets, targeting areas near major employment centers with strong schools and amenities. The REIT distributes quarterly at a current rate in the mid-single digits. It appeals to income investors seeking real estate exposure and regular cash distributions.

IRT performance versus SPY

Price and return data through 2026-10-16.

Total return is 268.4% over the past 13.2 years, 194.2 points behind SPY at 462.6%. Over the past year its total return — price change plus distributions reinvested — is -3.9%. Its deepest 1-year drawdown was 16.0%.

IRT key facts

Distribution Safety Score™

90 · Safe

Safety-Adjusted Yield

4.38%

Asset type

Stock

Asset class

Equity

Inception date

08/13/2013

Distribution rate

4.87%

Distribution frequency

Quarterly

Trailing yield

4.74%

5-year average yield

2.91

Last close

$14.77 (as of 2026-10-16)

Market cap

$3,481,947,255

Average volume

2772739.0

Dividend

$0.18

Ex-dividend date

09/30/2026

Payment date

10/23/2026

Beta

0.979

Payout ratio

1.8%

P/E ratio

82.06

Forward P/E

69.4444

EPS

$0.18

How Dividend Vision calculates yield and returns

Distribution rate (4.87%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.74%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IRT risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 16.0%.

Who may consider IRT — and who may not

IRT may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (IRT pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on IRT

• All tickers starting with I

Tagged: Real Estate, Dividend.

Frequently asked questions