Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that its Board of Directors has declared a prorated dividend on IRT common stock, contingent upon the completion of IRT’s pending merger with Steadfast Apartment REIT, Inc. (“STAR”) on or before December 31, 2021. The contingent prorated dividend will be payable in cash to IRT stockholders of record as of the close of business on December 15, 2021 (the “record date”), which is the day immediately prior to the anticipated closing date of the merger. If the merger is completed before or after December 16, 2021 (but no later than December 31, 2021), the record date will automatically be changed to be the close of business on the last business day immediately prior to the actual closing date of the merger.
Independence Realty Trust Declares Dividends in Connection with Pending Merger with Steadfast Apartment REIT
Dec 02, 2021
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