Looking at the universe of stocks we cover at Dividend Channel, on 10/29/13, Independence Realty Trust Incorporated (IRT) will trade ex-dividend, for its monthly dividend of $0.0533, payable on 11/15/13. As a percentage of IRT's recent stock price of $8.60, this dividend works out to approximately 0.62%, so look for shares of Independence Realty Trust Incorporated to trade 0.62% lower — all else being equal — when IRT shares open for trading on 10/29/13.
Below is a dividend history chart for IRT, showing historical dividends prior to the most recent $0.0533 declared by Independence Realty Trust Incorporated:
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In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IRT is likely to continue, and whether the current estimated yield of 7.44% on annualized basis is a reasonable expectation of annual yield going forward. In Friday trading, Independence Realty Trust Incorporated shares are currently trading flat on the day. 
