Previous Close | 22.31 |
Open | 22.52 |
Bid | 21.50 x 900 |
Ask | 22.80 x 900 |
Day's Range | 21.95 - 22.76 |
52 Week Range | 16.50 - 28.42 |
Volume | |
Avg. Volume | 5,760,552 |
Market Cap | 4.947B |
Beta (5Y Monthly) | 0.94 |
PE Ratio (TTM) | 79.12 |
EPS (TTM) | 0.28 |
Earnings Date | Apr 26, 2022 - May 02, 2022 |
Forward Dividend & Yield | 0.48 (2.12%) |
Ex-Dividend Date | Mar 31, 2022 |
1y Target Est | 27.27 |
PHILADELPHIA, May 18, 2022--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") today announced that its Board of Directors authorized a repurchase program of up to $250 million of the Company’s common stock. The Board also approved a quarterly dividend of $0.14 per share of IRT common stock, which represents a 17% increase in the dividend over the prior quarterly rate of $0.12 per share. The dividend is payable on July 22, 2022 to shareholders of record at the close of business on July 1, 2022.
Mid-America Apartment Communities' (MAA) recent dividend hike of 15% is likely to be sustainable, given the company's operational and financial strength.
These stocks are paving the way in their respective industries, making them fantastic picks for long-term investors.