Independence Realty Trust Announces Fourth Quarter Monthly Cash Dividends on its Common Stock

PHILADELPHIA--()--Independence Realty Trust, Inc. (NYSE MKT: IRT) (“IRT”) today announced that, on October 12, 2016, IRT’s Board of Directors declared monthly cash dividends for the fourth quarter of 2016 on IRT’s shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the fourth quarter. The month for which each dividend was declared is set forth below, with the relevant amount per share, record date and payment date set forth opposite the month:

Month

   

Amount

   

Record Date

   

Payment Date

October 2016 $0.06 10/31/2016 11/15/2016
November 2016 $0.06 11/30/2016 12/15/2016
December 2016 $0.06 12/30/2016 01/17/2017

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. (NYSE MKT: IRT) is a real estate investment trust that seeks to own well-located apartment properties in geographic submarkets that it believes support strong occupancy and the potential for growth in rental rates. IRT seeks to provide stockholders with attractive risk-adjusted returns, with an emphasis on distributions and capital appreciation. IRT is advised by a wholly-owned subsidiary of RAIT Financial Trust (NYSE: RAS).

Contacts

Independence Realty Trust, Inc.
Andres Viroslav, 215-207-2100
aviroslav@irtreit.com

Contacts

Independence Realty Trust, Inc.
Andres Viroslav, 215-207-2100
aviroslav@irtreit.com