IRT

In March 2026, IRT declared a first-quarter dividend of $0.17 per share, payable in April 2026. In May 2026, the Board approved a quarterly dividend of $0.18 per share, a 5.9% increase, paid in July 2026. On August 3, 2026, the company announced second-quarter 2026 financial results, reporting an EPS of $0.01 and CFFO per share of $0.28, with same-store portfolio NOI growth of 1.2%, and affirmed its 2026 guidance. A significant event occurred on September 9, 2026, when Independence Realty Trust and Centerspace announced a definitive all-stock merger agreement, creating an $8.1 billion apartment REIT projected to be approximately 5% accretive to 2027 Core FFO per share. On September 8, 2026, IRT declared a third-quarter 2026 dividend of $0.18 per share, payable in October 2026. On October 8, 2026, Independence Realty Trust shares hit a new 52-week low of $14.33, despite analysts maintaining a 'Moderate Buy' consensus, and news emerged of Halper Sadeh LLC investigating the fairness of the Centerspace merger for shareholders.