Ex-Dividend Reminder: Independence Realty Trust, LXP Industrial Trust and DigitalBridge Group

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As a percentage of IRT's recent stock price of $15.25, this dividend works out to approximately 1.05%, so look for shares of Independence Realty Trust Inc to trade 1.05% lower — all else being equal — when IRT shares open for trading on 12/28/23. Similarly, investors should look for LXP to open 1.32% lower in price and for DBRG to open 0.06% lower, all else being equal.

Below are dividend history charts for IRT, LXP, and DBRG, showing historical dividends prior to the most recent ones declared.

Independence Realty Trust Inc (NYSE:IRT):

LXP Industrial Trust (NYSE:LXP):

DigitalBridge Group Inc (NYSE:DBRG):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.20% for Independence Realty Trust Inc, 5.27% for LXP Industrial Trust, and 0.24% for DigitalBridge Group Inc.

In Tuesday trading, Independence Realty Trust Inc shares are currently up about 0.7%, LXP Industrial Trust shares are up about 1.4%, and DigitalBridge Group Inc shares are up about 0.5% on the day.