By Roshan Fernandez
Independence Realty Trust raised its quarterly dividend by 6.3% to 17 cents a share, up from 16 cents a share.
The real estate investment company said the new payout, equal to 68 cents a year, represents an annual yield of about 3.7% based on Wednesday's closing price of $18.59.
The dividend is payable on July 18 to stockholders of record as of June 27.
Write to Roshan Fernandez at roshan.fernandez@wsj.com
(END) Dow Jones Newswires
May 14, 2025 17:02 ET (21:02 GMT)
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