Independence Realty Trust About To Put More Money In Your Pocket (IRT)

Looking at the universe of stocks we cover at Dividend Channel, on 11/25/14, Independence Realty Trust Inc (IRT) will trade ex-dividend, for its monthly dividend of $0.06, payable on 12/15/14. As a percentage of IRT's recent stock price of $9.38, this dividend works out to approximately 0.64%, so look for shares of Independence Realty Trust Inc to trade 0.64% lower — all else being equal — when IRT shares open for trading on 11/25/14.

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Below is a dividend history chart for IRT, showing historical dividends prior to the most recent $0.06 declared by Independence Realty Trust Inc:

IRT+Dividend+History+Chart

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 7.68% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of IRT shares, versus its 200 day moving average:

Independence Realty Trust Inc 200 Day Moving Average Chart

Looking at the chart above, IRT's low point in its 52 week range is $7.95 per share, with $10.84 as the 52 week high point — that compares with a last trade of $9.35.

In Friday trading, Independence Realty Trust Inc shares are currently down about 0.3% on the day.

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