Independence Realty Trust, Inc. announced that, on January 14, 2016, IRT's Board of Directors declared monthly cash dividends for the first quarter of 2016 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 cash dividend of $0.06 per share for the month of January 2016, February 2016 and March 2016, payable on February 16, 2016, March 15, 2016 and April 15, 2016 respectively to the recorded shareholders on January 29, 2016, February 29, 2016 and March 31, 2016 respectively.