How Many IRT Shares for $500 or $1,000 a Month?
At $0.72 a share a year, $500 a month takes about 8,334 IRT shares, about $124,177 at the Nov 13, 2026 close of $14.90. $1,000 a month takes about 16,667 shares, about $248,338. Before taxes, and only while the rate holds.
Independence Realty Trust (IRT) pays $0.18 a share quarterly, $0.72 a year, a 4.83% run-rate yield at the Nov 13, 2026 close of $14.90. It has paid since 2013 and raised its annual dividend 4 years in a row.
At today’s rate of $0.18 quarterly and the last close of $14.90, this is what IRT pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.18 | $0.06 | $0.72 |
| 100 shares | $18.00 | $6.00 | $72.00 |
| $10,000 invested (671.1 shares) | $120.81 | $40.27 | $483.22 |
| 8,334 shares ($500/mo) | $1,500.12 | $500.04 | $6,000.48 |
| 16,667 shares ($1,000/mo) | $3,000.06 | $1,000.02 | $12,000.24 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 IRT shares reinvest into 1.21 new shares each payment, about 4.9 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 83 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with IRT’s own history in the IRT DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (cash flow): does cash from the business cover the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
IRT Dividend Yield Today vs Its 5-Year Range
- IRT yields 4.83% today, at the Nov 13, 2026 close of $14.90.
- Its own 5-year median is 3.39%, so today’s yield is well above its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 5 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is IRT’s Next Dividend? Ex-Date and Pay Date After October 2026
IRT has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Dec 31, 2026, with the cash around Jan 2, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.18 a share, went ex on Sep 30, 2026 and paid Oct 2, 2026.
- Ex-dates: about every 92 days (quarterly)
- Payment: usually about 2 days after the ex-date
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does IRT Pay?
IRT pays quarterly, 4 times a year. Recent payments arrived in Jan, Mar, Jun and Oct, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 92 days, and the cash usually lands about 2 days later.
- Streak: 4 years of higher annual totals (through 2025)
- Last raise: Jun 26, 2026 - $0.17 to $0.18 (+$0.01, +5.88%)
- Usual $ step: $0.01 (median of the raises before it)
- FFO payout (approx.): 51.5% - $0.70 paid / $1.36 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
- Cash-flow payout: 58.2% - $0.68 paid / $1.17 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 54.1% (median of 12 earlier trailing years)
- GAAP EPS payout (context): 269.5% - $0.70 paid / $0.26 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
IRT vs Similar Dividend Stocks (SLG, VTMX...)
Against the 10 dividend-paying Real Estate companies closest to IRT in market value, IRT’s 4.83% run-rate yield is close to the group’s middle yield of 4.99%, and its raise streak of 4 years is the longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | No cut ⓘ |
|---|---|---|---|---|
| IRT $14.90Independence Realty Trust | $0.18/qtr$0.72/yr fwd | 4.83% | Dividend Safety Rating: paid plans only | 5 yrsraised 4 yrs in a row |
| SLG $48.75SL Green Realty | $0.618/mo$7.42/yr fwd | 15.21% | Dividend Safety Rating: paid plans only | 3 yrsraised 1 yr in a row |
| VTMX $38.02Corporación Inmobiliaria Vesta, S.A.B. de C.V. | $0.20/qtr$0.80/yr fwd | 2.10% | Dividend Safety Rating: paid plans only | 1+ yrraised 1 yr in a row |
| LXP $61.18LXP Industrial Trust | $0.70/qtr$2.80/yr fwd | 4.58% | Dividend Safety Rating: paid plans only | 2 yrsraised 2 yrs in a row |
| HIW $30.93Highwoods Properties | $0.50/qtr$2.00/yr fwd | 6.47% | Dividend Safety Rating: paid plans only | 22 yrsno raise streak |
| CURB $29.36Curbline Properties | $0.17/qtr$0.68/yr fwd | 2.32% | Dividend Safety Rating: paid plans only | —no raise streak |
| BNL $17.48Broadstone Net Lease | $0.293/qtr$1.17/yr fwd | 6.70% | Dividend Safety Rating: paid plans only | 4+ yrsraised 4 yrs in a row |
| CDPYF $21.63Canadian Apartment Properties Real Estate Investment Trust | $0.092/mo$1.10/yr fwd | 5.10% | Dividend Safety Rating: paid plans only | 11+ yrsraised 1 yr in a row |
| CWYUF $19.49SmartCentres Real Estate Investment Trust | $0.11/mo$1.32/yr fwd | 6.77% | Dividend Safety Rating: paid plans only | 11+ yrsno raise streak |
| RYN $21.31Rayonier | $0.26/qtr$1.04/yr fwd | 4.88% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| CDP $32.70COPT Defense Properties | $0.32/qtr$1.28/yr fwd | 3.91% | Dividend Safety Rating: paid plans only | 8+ yrsraised 3 yrs in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: IRT vs SLG, IRT vs VTMX, IRT vs LXP.
IRT Dividend History: Every Payment Since 2013
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Sep 30, 2026 | Oct 2, 2026 | $0.18 | Quarterly | Regular |
| Jun 26, 2026 | Jun 29, 2026 | $0.18 | Quarterly | Regular |
| Mar 27, 2026 | Mar 30, 2026 | $0.17 | Quarterly | Regular |
| Dec 31, 2025 | Jan 2, 2026 | $0.17 | Quarterly | Regular |
| Sep 30, 2025 | Oct 2, 2025 | $0.17 | Quarterly | Regular |
| Jun 27, 2025 | Jun 30, 2025 | $0.17 | Quarterly | Regular |
| Mar 28, 2025 | Mar 31, 2025 | $0.16 | Quarterly | Regular |
| Dec 31, 2024 | Jan 2, 2025 | $0.16 | Quarterly | Regular |
| Sep 30, 2024 | Oct 2, 2024 | $0.16 | Quarterly | Regular |
| Jun 28, 2024 | Jul 1, 2024 | $0.16 | Quarterly | Regular |
| Mar 27, 2024 | Mar 29, 2024 | $0.16 | Quarterly | Regular |
| Dec 28, 2023 | Jan 1, 2024 | $0.16 | Quarterly | Regular |
| Sep 28, 2023 | Oct 2, 2023 | $0.16 | Quarterly | Regular |
| Jun 29, 2023 | Jul 3, 2023 | $0.16 | Quarterly | Regular |
| Mar 30, 2023 | Apr 3, 2023 | $0.14 | Quarterly | Regular |
| Dec 29, 2022 | Jan 20, 2023 | $0.14 | Quarterly | Regular |
| Sep 29, 2022 | Oct 21, 2022 | $0.14 | Quarterly | Regular |
| Jun 30, 2022 | Jul 22, 2022 | $0.14 | Quarterly | Regular |
| Mar 31, 2022 | Apr 22, 2022 | $0.12 | Quarterly | Regular |
| Dec 29, 2021 | Jan 21, 2022 | $0.0209 | Quarterly | Regular |
| Dec 16, 2021 | Jan 18, 2022 | $0.0991 | Quarterly | Regular |
| Sep 30, 2021 | Oct 22, 2021 | $0.12 | Quarterly | Regular |
| Jul 1, 2021 | Jul 23, 2021 | $0.12 | Quarterly | Regular |
| Mar 31, 2021 | Apr 23, 2021 | $0.12 | Quarterly | Regular |
| Dec 29, 2020 | Jan 22, 2021 | $0.12 | Quarterly | Regular |
| Oct 1, 2020 | Oct 23, 2020 | $0.12 | Quarterly | Regular |
| Jul 1, 2020 | Jul 24, 2020 | $0.12 | Quarterly | Regular |
| Apr 1, 2020 | Apr 24, 2020 | $0.18 | Quarterly | Regular |
| Dec 24, 2019 | Jan 24, 2020 | $0.18 | Quarterly | Regular |
| Sep 26, 2019 | Oct 25, 2019 | $0.18 | Quarterly | Regular |
| Jun 27, 2019 | Jul 25, 2019 | $0.18 | Quarterly | Regular |
| Mar 28, 2019 | Apr 25, 2019 | $0.18 | Quarterly | Regular |
| Dec 26, 2018 | Jan 24, 2019 | $0.18 | Quarterly | Regular |
| Oct 4, 2018 | Oct 19, 2018 | $0.18 | Quarterly | Regular |
| Jul 5, 2018 | Jul 20, 2018 | $0.18 | Quarterly | Regular |
| Apr 3, 2018 | Apr 20, 2018 | $0.18 | Quarterly | Regular |
| Dec 28, 2017 | Jan 15, 2018 | $0.06 | Monthly | Regular |
| Nov 29, 2017 | Dec 15, 2017 | $0.06 | Monthly | Regular |
| Oct 30, 2017 | Nov 15, 2017 | $0.06 | Monthly | Regular |
| Sep 28, 2017 | Oct 13, 2017 | $0.06 | Monthly | Regular |
| Aug 29, 2017 | Sep 15, 2017 | $0.06 | Monthly | Regular |
| Jul 27, 2017 | Aug 15, 2017 | $0.06 | Monthly | Regular |
| Jun 28, 2017 | Jul 17, 2017 | $0.06 | Monthly | Regular |
| May 26, 2017 | Jun 15, 2017 | $0.06 | Monthly | Regular |
| Apr 26, 2017 | May 15, 2017 | $0.06 | Monthly | Regular |
| Mar 29, 2017 | Apr 17, 2017 | $0.06 | Monthly | Regular |
| Feb 24, 2017 | Mar 15, 2017 | $0.06 | Monthly | Regular |
| Jan 27, 2017 | Feb 15, 2017 | $0.06 | Monthly | Regular |
| Dec 28, 2016 | Jan 17, 2017 | $0.06 | Monthly | Regular |
| Nov 28, 2016 | Dec 15, 2016 | $0.06 | Monthly | Regular |
| Oct 27, 2016 | Nov 15, 2016 | $0.06 | Monthly | Regular |
| Sep 28, 2016 | Oct 17, 2016 | $0.06 | Monthly | Regular |
| Aug 29, 2016 | Sep 15, 2016 | $0.06 | Monthly | Regular |
| Jul 27, 2016 | Aug 15, 2016 | $0.06 | Monthly | Regular |
| Jun 28, 2016 | Jul 15, 2016 | $0.06 | Monthly | Regular |
| May 26, 2016 | Jun 15, 2016 | $0.06 | Monthly | Regular |
| Apr 27, 2016 | May 16, 2016 | $0.06 | Monthly | Regular |
| Mar 29, 2016 | Apr 15, 2016 | $0.06 | Monthly | Regular |
| Feb 25, 2016 | Mar 15, 2016 | $0.06 | Monthly | Regular |
| Jan 27, 2016 | Feb 16, 2016 | $0.06 | Monthly | Regular |
| Dec 29, 2015 | Jan 15, 2016 | $0.06 | Monthly | Regular |
| Nov 25, 2015 | Dec 15, 2015 | $0.06 | Monthly | Regular |
| Oct 28, 2015 | Nov 16, 2015 | $0.06 | Monthly | Regular |
| Sep 28, 2015 | Oct 15, 2015 | $0.026 | Monthly | Regular |
| Sep 11, 2015 | Oct 15, 2015 | $0.034 | Monthly | Regular |
| Aug 27, 2015 | Sep 15, 2015 | $0.06 | Monthly | Regular |
| Jul 29, 2015 | Aug 17, 2015 | $0.06 | Monthly | Regular |
| Jun 26, 2015 | Jul 15, 2015 | $0.06 | Monthly | Regular |
| May 27, 2015 | Jun 15, 2015 | $0.06 | Monthly | Regular |
| Apr 28, 2015 | May 15, 2015 | $0.06 | Monthly | Regular |
| Mar 27, 2015 | Apr 15, 2015 | $0.06 | Monthly | Regular |
| Feb 25, 2015 | Mar 16, 2015 | $0.06 | Monthly | Regular |
| Jan 28, 2015 | Feb 17, 2015 | $0.06 | Monthly | Regular |
| Dec 29, 2014 | Jan 15, 2015 | $0.06 | Monthly | Regular |
| Nov 25, 2014 | Dec 15, 2014 | $0.06 | Monthly | Regular |
| Oct 29, 2014 | Nov 17, 2014 | $0.06 | Monthly | Regular |
| Sep 26, 2014 | Oct 15, 2014 | $0.06 | Monthly | Regular |
| Aug 27, 2014 | Sep 16, 2014 | $0.06 | Monthly | Regular |
| Jul 29, 2014 | Aug 15, 2014 | $0.06 | Monthly | Regular |
| Jun 26, 2014 | Jul 15, 2014 | $0.06 | Monthly | Regular |
| May 28, 2014 | Jun 16, 2014 | $0.06 | Monthly | Regular |
| Apr 28, 2014 | May 15, 2014 | $0.06 | Monthly | Regular |
| Mar 27, 2014 | Apr 15, 2014 | $0.06 | Monthly | Regular |
| Feb 26, 2014 | Mar 17, 2014 | $0.06 | Monthly | Regular |
| Jan 29, 2014 | Feb 17, 2014 | $0.06 | Monthly | Regular |
| Dec 27, 2013 | Jan 15, 2014 | $0.0533 | Monthly | Regular |
| Nov 26, 2013 | Dec 16, 2013 | $0.0533 | Monthly | Regular |
| Oct 29, 2013 | Nov 15, 2013 | $0.0533 | Monthly | Regular |
| Sep 26, 2013 | Oct 15, 2013 | $0.0533 | Monthly | Regular |
| Aug 30, 2013 | Sep 13, 2013 | $0.0533 | Monthly | Regular |
What the Dividend Safety Rating Means for IRT
IRT Dividend Questions
How often does IRT pay dividends?
IRT pays quarterly, 4 times a year. Recent payments arrived in Jan, Mar, Jun and Oct, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 92 days, and the cash usually lands about 2 days later.
Does IRT pay dividends monthly?
No. IRT pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next IRT dividend?
IRT has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Dec 31, 2026, with the cash around Jan 2, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.18 a share, went ex on Sep 30, 2026 and paid Oct 2, 2026. The current rate is $0.18 per share, $0.72 a year.
Does IRT pay a dividend in January 2027?
Not declared yet. By its usual rhythm the next ex-date falls around Dec 31, 2026, with the cash around Jan 2, 2027, so a payment in January 2027 is likely. Only the company’s declaration makes it final.
How much does IRT pay per share?
IRT pays $0.18 a share quarterly, $0.72 a year. At the Nov 13, 2026 close of $14.90 that is a 4.83% run-rate yield, well above its usual level: its own 5-year median is 3.39%.
Has IRT raised its dividend?
Yes. IRT has raised its annual dividend 4 years in a row, through 2025. The latest raise, on Jun 26, 2026, took the rate from $0.17 to $0.18 (+5.88%). Over five years the dividend grew 12.7% a year.
Is IRT’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. IRT paid out 58% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 4 years in a row and gone 5 years without a cut. This is data, not investment advice. The full 11-check rating comes with a plan.
How do I track my IRT dividends?
Add IRT to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run IRT in the DRIP calculator.