Independence Realty Trust (IRT) Dividend Coverage Ratio (2011 - 2024)
Independence Realty Trust (IRT) posted Dividend Coverage Ratio of 0.47 for Q4 2024, up 46.95% on a QoQ basis from 0.32 in Q3 2024, and up 17.1% year-over-year from 0.4 in Q1 2024.
Analysis
Independence Realty Trust (IRT) Dividend Coverage Ratio (2011 - 2024) Analysis & Trends
Independence Realty Trust has reported Dividend Coverage Ratio for 12 years, with the latest figure at 0.47 in Q4 2024.
- On a quarterly basis, Dividend Coverage Ratio rose 17.1% year-over-year to 0.47 in Q4 2024; TTM through Dec 2024 was 0.38, a 32.08% increase from a year earlier, with the FY2024 full-year figure at 0.31, down 22.1% from the prior year.
- Dividend Coverage Ratio was 0.47 for Q4 2024 at Independence Realty Trust, up from 0.32 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 0.47 in Q3 2023, with the low at 0.15 in Q1 2020.
- Average Dividend Coverage Ratio over 3 years is 0.3, with a median of 0.32 recorded in 2023.
- The sharpest annual moves came in 2020 and 2024: Dividend Coverage Ratio slumped 194.79% in 2020, then advanced 17.1% in 2024.
- Over 3 years, Dividend Coverage Ratio stood at 0.15 in 2020, then surged by 369.3% to 0.4 in 2023, then rose by 17.1% to 0.47 in 2024.
- The last three Dividend Coverage Ratio figures came in at 0.47 (Q4 2024), 0.32 (Q3 2024), and 0.31 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.50 Bn | 24.69 Bn | - | - |
| 2 | Invitation Homes | 16.77 Bn | 16.81 Bn | 705.34 Mn | 1.22 |
| 3 | Mid America Apartment Communities | 14.88 Bn | 14.89 Bn | 537.17 Mn | 0.68 |
| 4 | Sun Communities | 14.62 Bn | 14.69 Bn | 460.10 Mn | -6.92 |
| 5 | Equity Lifestyle Properties | 12.11 Bn | 12.17 Bn | 375.97 Mn | 0.89 |
| 6 | Udr | 11.68 Bn | 12.58 Bn | 412.43 Mn | 0.48 |
| 7 | American Homes 4 Rent | 11.67 Bn | 12.34 Bn | - | 0.95 |
| 8 | Camden Property Trust | 10.63 Bn | 10.70 Bn | - | 0.18 |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 0.62 |
| 10 | Independence Realty Trust | 3.80 Bn | 3.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.31 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2020 | -0.15 |
| Dec 31, 2019 | 0.08 |
| Sep 30, 2019 | 0.30 |
| Jun 30, 2019 | 0.91 |
| Mar 31, 2019 | 0.16 |
| Dec 31, 2018 | 0.54 |
| Sep 30, 2018 | 0.30 |
| Jun 30, 2018 | 0.22 |
| Mar 31, 2018 | 0.22 |
| Dec 31, 2017 | 0.39 |
| Mar 31, 2017 | 0.33 |
| Dec 31, 2016 | -3.31 |
| Sep 30, 2016 | 1.73 |
| Jun 30, 2016 | 22.16 |