Independence Realty Trust (FRA:5O2) 3-Year Dividend Growth Rate: 7.50% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:5O2 Independence Realty Trust Inc FRA:5O2
72 GF Score
Price €13.80
GF Value €14.36
! 6 Warning Signs
View Full Analysis

What is Independence Realty Trust 3-Year Dividend Growth Rate?

Independence Realty Trust FRA:5O2 72 3-Year Dividend Growth Rate is 7.50% as of Mar. 2026. GuruFocus rates FRA:5O2 with a GF Score™ of 72/100 and a GF Value™ of €14.36. The stock has 6 warning signs investors should review. Among 630 REITs companies, Independence Realty Trust ranks better than 69.52% on this metric.

Independence Realty Trust's Dividends per Share for the three months ended in Mar. 2026 was €0.15.

The historical rank and industry rank for Independence Realty Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

FRA:5O2' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.6   Med: 0   Max: 39.2
Current: 7.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Independence Realty Trust was 39.20% per year. The lowest was -12.60% per year. And the median was 0.00% per year.

FRA:5O2's 3-Year Dividend Growth Rate is ranked better than
69.52% of 630 companies
in the REITs industry
Industry Median: 2.65 vs FRA:5O2: 7.50

During the past 12 months, Independence Realty Trust's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Independence Realty Trust's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.00. As of today, Independence Realty Trust's Dividend Yield % is 4.30%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Independence Realty Trust Inc is 3.56, which seems too high.

Good Sign:

Independence Realty Trust Inc stock Dividend Yield % is close to 2-year high.

For more information regarding to dividend, please check our Dividend Page.


Independence Realty Trust  (FRA:5O2) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Independence Realty Trust's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.147/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Independence Realty Trust was 5.05. The lowest was 2.28. And the median was 2.99.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Independence Realty Trust Inc is 3.56, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Independence Realty Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1800002026-06-262026-06-262026-07-17Cash DividendquarterlyUSD:EUR 0.868000
USD 0.1700002026-03-272026-03-272026-04-17Cash DividendquarterlyUSD:EUR 0.865000
USD 0.1700002026-01-022025-12-312026-01-23Cash DividendquarterlyUSD:EUR 0.851000
USD 0.1700002025-09-302025-09-302025-10-24Cash DividendquarterlyUSD:EUR 0.852000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Independence Realty Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5928/13.80
=4.30 %

Current Share Price is €13.80.
Independence Realty Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.5928.

During the past 13 years, the highest Dividend Yield of Independence Realty Trust was 10.23%. The lowest was 1.73%. And the median was 4.11%.

Good Sign:

Independence Realty Trust Inc stock Dividend Yield % is close to 2-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Independence Realty Trust 3-Year Dividend Growth Rate Related Terms>


FRA:5O2 vs MRP, JAN, UMH: 3-Year Dividend Growth Rate Comparison

For the REIT - Residential subindustry, Independence Realty Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Independence Realty Trust 3-Year Dividend Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, Independence Realty Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Independence Realty Trust's 3-Year Dividend Growth Rate falls into.


FRA:5O2
72GF Score
Independence Realty Trust Inc FRA:5O2
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Independence Realty Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 7.50% mean?
Independence Realty Trust (FRA:5O2) has a 3-Year Dividend Growth Rate of 7.50% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Independence Realty Trust and its competitors. According to the industry distribution chart, Independence Realty Trust ranks #192 out of 630 companies in the REITs industry, placing it in the top 30.5%.
Is Independence Realty Trust's 3-Year Dividend Growth Rate too high?
Independence Realty Trust's current 3-Year Dividend Growth Rate is 7.50%. The REITs industry median 3-Year Dividend Growth Rate is 2.65. Independence Realty Trust's value of 7.50% is 183% above this industry median. Based on the distribution chart, Independence Realty Trust ranks #192 out of 630 companies in the REITs industry, which is above the industry midpoint. Overall, Independence Realty Trust has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's 3-Year Dividend Growth Rate compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #192 out of 630 companies for 3-Year Dividend Growth Rate. This puts Independence Realty Trust in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 2.65. Independence Realty Trust's value of 7.50% is 183% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a REITs company?
The median 3-Year Dividend Growth Rate among REITs companies is 2.65, based on 630 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current 3-Year Dividend Growth Rate of 7.50% is 183% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Independence Realty Trust and its competitors. For the REITs industry, the median 3-Year Dividend Growth Rate is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current 3-Year Dividend Growth Rate is 7.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Independence Realty Trust (FRA:5O2) has a current 3-Year Dividend Growth Rate of 7.50%. The stock's GF Value™ is €14.36, compared to a current price of €13.80 — trading 3.9% below its estimated fair value. The current 3-Year Dividend Growth Rate is 7.50% and 183% above the REITs industry median of 2.65. Independence Realty Trust's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Independence Realty Trust (FRA:5O2), the current 3-Year Dividend Growth Rate is 7.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Independence Realty Trust (FRA:5O2) Overvalued in 2026?

Based on GuruFocus' analysis, Independence Realty Trust stock appears to be undervalued. The current stock price of €13.80 is trading 3.9% below its estimated GF Value™ of €14.36.

Key valuation signals for FRA:5O2:

  • 3-Year Dividend Growth Rate: 7.50%
  • GF Value™: €14.36 vs. price of €13.80 (3.9% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 183% above the REITs median (#192 of 630)

No single metric tells the full story. See the FRA:5O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Independence Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges IRT:USA
Address 1835 Market Street, Suite 2601, Philadelphia, PA, USA, 19103
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score

Get the complete analysis for FRA:5O2

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.80
Price
€14.36
GF Value