Independence Realty Trust Announces First Quarter 2017 Financial Results, Payable on February 15, 2017, March 15, 2017 and April 17, 2017
January 13, 2017 at 03:09 am IST
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On January 12, 2017, Independence Realty Trust, Inc. Board of Directors declared monthly cash dividends for the first quarter of 2017 on IRT’s shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the first quarter. The company announced the dividend of $0.06 per share for the months January 2017, February 2017 and March 2017, payable on February 15, 2017, March 15, 2017 and April 17, 2017 respectively to the recorded shareholders on January 31, 2017, February 28, 2017 and March 31, 2017 respectively.
Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Companyâs investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. The Company acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The Company owns and operates approximately 113 multifamily apartment properties across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The Companyâs portfolio of properties consists primarily of apartment communities geographically concentrated in the Southeastern and Midwest United States. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).