Independence Realty Trust, Inc. (NYSE MKT: IRT) (“IRT”) today announced that, on January 14, 2016, IRT’s Board of Directors declared monthly cash dividends for the first 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 first 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

January 2016 $0.06 01/29/2016 02/16/2016
February 2016 $0.06 02/29/2016 03/15/2016
March 2016 $0.06

03/31/2016

04/15/2016
 

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).