Independence Realty Trust, Inc. (IRT) is a promising real estate investment trust that is growing its funds from operations at a fast clip, largely through acquisitions. The REIT currently covers its dividend with funds from operations, but it has a thin margin of dividend safety, and shares are about fairly valued today, in my opinion. I'd wait for a drop before scooping up shares for a high-yield income portfolio.
Independence Realty Trust - Portfolio Overview
Independence Realty Trust is a commercial property REIT whose real estate portfolio has grown from about 2,000 units