What is Independence Realty Trust 5-Year Yield-on-Cost %?
Independence Realty Trust's yield on cost for the quarter that ended in Dec. 2023 was 3.17.
The historical rank and industry rank for Independence Realty Trust's 5-Year Yield-on-Cost % or its related term are showing as below:
IRT'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.95 Med: 4.73 Max: 9.06
Current: 3.17
During the past 13 years, Independence Realty Trust's highest Yield on Cost was 9.06. The lowest was 0.95. And the median was 4.73.
IRT's 5-Year Yield-on-Cost % is ranked worse than 87.66% of 835
companies
in the REITs industry
Industry Median: 7.08
vs IRT: 3.17
Competitive Comparison of Independence Realty Trust's 5-Year Yield-on-Cost %
For the REIT - Residential subindustry, Independence Realty Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Independence Realty Trust is calculated as
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Independence Realty Trust 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Independence Realty Trust's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Independence Realty Trust (Independence Realty Trust) Business Description
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 Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and employment centers.
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