How Much Would It Take To Earn $100 A Month From Independence Realty Trust Stock

Independence Realty Trust IRT is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets.

It will report its Q1 2025 earnings on April 23. Wall Street analysts expect the company to post EPS of $0.29, up from $0.27 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $165.07 million, up from $160.33 million a year earlier.

The 52-week range of Independence Realty Trust stock price was $15.23 to $22.13.

Independence Realty Trust's dividend yield is 3.06%. It paid $0.64 per share in dividends during the last 12 months.

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The Latest On Independence Realty Trust

On Feb. 12, the company announced its Q4 2024 earnings, posting core FFO of $0.32, in line with expectations, and revenues of $160.62 million, missing the consensus estimate of $163.40 million, as reported by Benzinga.

"Looking ahead to 2025, we believe we are well-positioned to grow CFFO as we capitalize on rebounding market fundamentals to create value for shareholders," said CEO Scott Schaeffer. 

For full-year 2025, the company expects earnings per diluted share in the range of $0.19 to $0.22. CFFO per share is expected to be between $1.16 and $1.19.

Check out this article by Benzinga for four analysts' insights on Independence Realty Trust.

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How Can You Earn $100 Per Month As An Independence Realty Trust Investor?

If you want to make $100 per month — $1,200 annually — from Independence Realty Trust dividends, your investment value needs to be approximately $39,216, which is around 1,873 shares at $20.94 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.06% in this case). So, $1,200 / 0.0306 = $39,216 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Independence Realty Trust stock an attractive option for making a steady income of $100 per month by owning 1,873 shares of stock. 

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Arrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio. 

In October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales.

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