Independence Realty Trust is a holding company. Through its subsidiaries, Co. is a self-administered and self-managed real estate investment trust. Co.'s primary businesses are to acquire, own, operate, improve and manage multifamily apartment communities in non-gateway markets. Co. owns and operates multifamily apartment properties. Co.'s properties are located in Georgia, North Carolina, Tennessee, Kentucky, Ohio, Oklahoma, Indiana, Texas, Florida, South Carolina, Arkansas, Illinois, Missouri, Louisiana, and Alabama. Co. owns substantially all of its assets and conducts its operations through Independence Realty Operating Partnership, LP, of which Co. is the sole general partner. The IRT stock yearly return is shown above.
The yearly return on the IRT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the IRT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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