InvenTrust Properties Corp. Announces Fourth Quarter 2024 Cash Dividend
InvenTrust Properties Corp. (NYSE: IVT) has announced a quarterly cash dividend of $0.2263 per share for the fourth quarter of 2024. This represents a 5% increase compared to the previous year. When annualized, the dividend amounts to $0.9052 per share. The dividend will be paid around January 15, 2025, to shareholders of record as of December 30, 2024.
InvenTrust Properties Corp. (NYSE: IVT) ha annunciato un dividendo in contante trimestrale di 0,2263 dollari per azione per il quarto trimestre del 2024. Questo rappresenta un aumento del 5% rispetto all'anno precedente. Se annualizzato, il dividendo ammonta a 0,9052 dollari per azione. Il dividendo sarà pagato intorno al 15 gennaio 2025, agli azionisti registrati al 30 dicembre 2024.
InvenTrust Properties Corp. (NYSE: IVT) ha anunciado un dividendo en efectivo trimestral de 0,2263 dólares por acción para el cuarto trimestre de 2024. Esto representa un aumento del 5% en comparación con el año anterior. Al ser anualizado, el dividendo asciende a 0,9052 dólares por acción. El dividendo se pagará alrededor del 15 de enero de 2025 a los accionistas registrados hasta el 30 de diciembre de 2024.
인벤트러스트 프로퍼티스 코퍼레이션(NYSE: IVT)은 2024년 4분기에 대해 주 분기 현금 배당금으로 주당 0.2263달러를 발표했습니다. 이는 전년도 대비 5% 증가한 수치입니다. 연간 기준으로 보면, 배당금은 주당 0.9052달러에 해당합니다. 배당금은 2025년 1월 15일에 2024년 12월 30일 기준 주주에게 지급될 예정입니다.
InvenTrust Properties Corp. (NYSE: IVT) a annoncé un dividende en espèces trimestriel de 0,2263 dollars par action pour le quatrième trimestre de 2024. Cela représente une augmentation de 5% par rapport à l'année précédente. Annualisé, le dividende s'élève à 0,9052 dollars par action. Le dividende sera versé autour du 15 janvier 2025 aux actionnaires inscrits au 30 décembre 2024.
InvenTrust Properties Corp. (NYSE: IVT) hat eine quartalsweise Bar-Dividende von 0,2263 USD pro Aktie für das vierte Quartal 2024 angekündigt. Dies stellt eine 5%ige Erhöhung im Vergleich zum Vorjahr dar. Jährlich berechnet beträgt die Dividende 0,9052 USD pro Aktie. Die Dividende wird voraussichtlich am 15. Januar 2025 an Aktionäre gezahlt, die am 30. Dezember 2024 registriert sind.
- 5% year-over-year increase in quarterly dividend
- Annualized dividend rate of $0.9052 per share
- None.
Insights
The 5% year-over-year dividend increase to
The dividend metrics are compelling - at current share prices, this represents a sustainable payout ratio and competitive yield compared to retail REIT peers. The January 2025 payment timing and December ex-dividend date provide clarity for income-focused investors planning their 2024-2025 portfolio strategies. The consistent dividend growth trajectory suggests the board sees continued strength in their grocery-anchored and necessity-based retail properties despite broader retail sector headwinds.
About InvenTrust Properties Corp.
InvenTrust Properties Corp. is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. Management pursues the Company's business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance practices and standards.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. When used in this press release, the words “expect” and “intend,” or the negative of these words, or similar words, expressions or phrases that are predictions of or indicate future events and that do not relate solely to historical matters, are intended to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. Forward-looking statements involve numerous risks and uncertainties and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise. InvenTrust does not guarantee that the transactions and events described will happen as described (or that they will happen at all). You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. While forward-looking statements reflect InvenTrust’s good faith beliefs, they are not guarantees of future performance. InvenTrust undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law. In light of these risks and uncertainties, the forward-looking events discussed in this press release might not occur as described, or at all.
Additional information concerning factors that could cause actual results to differ materially from these forward-looking statements is contained from time to time in InvenTrust’s SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2023 and other documents subsequently filed by the Company with the SEC. Copies of each filing may be obtained from InvenTrust or the SEC. Such forward-looking statements should be regarded solely as reflections of InvenTrust’s current plans and estimates. Actual results may differ materially from what is expressed or forecast in this press release.
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Investor Relations
Dan Lombardo
Vice President of Investor Relations
630-570-0605
dan.lombardo@inventrustproperties.com
Source: InvenTrust Properties Corp.
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