Independence Realty Trust Increases First Quarter Monthly Cash Dividends on its Common Stock, Payable on February 17, 2014, March 17, 2014 and April 15, 2014
January 16, 2014 at 02:40 am IST
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Independence Realty Trust, Inc. announced that the company's board of directors declared monthly cash dividends for the first quarter of 2014 (January, February, March 2014) on IRT's shares of common stock in the amount of $0.06 per share per month, a 12.5% increase from the prior monthly dividend rate. The monthly dividends total $0.18 per share for the first quarter. The dividend payable on February 17, 2014, March 17, 2014 and April 15, 2014 to the share holders record on January 31, 2014, February 28, 2014 and March 31, 2014.
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 Increases First Quarter Monthly Cash Dividends on its Common Stock, Payable on February 17, 2014, March 17, 2014 and April 15, 2014
INDEPENDENCE REALTY TRUST, INC. 
