Independence Realty Trust (IRT) is a leading REIT in the residential property segment, with particular focus on southeastern and Midwest markets. It has a well diversified portfolio with strong financial performance. The REIT has interesting value as an income investment venue since it offers a highly attractive dividend yield of over 5 percent. Along with the dividend, the stock provides strong capital growth as well and still provides robust dividend yield. However, let’s analyze whether Independence Realty Trust offers good investment opportunity at its current price level.
The Portfolio Overview
Independence Realty Trust