Independence Realty Trust, Inc. Declares Cash Dividend for the Month of January, February and March 2016, Payable on February 16, 2016, March 15, 2016 and April 15, 2016 Respectively
January 15, 2016 at 03:30 am IST
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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.
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).
Independence Realty Trust, Inc. Declares Cash Dividend for the Month of January, February and March 2016, Payable on February 16, 2016, March 15, 2016 and April 15, 2016 Respectively