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InvenTrust Properties Corp. Announces Quarterly Cash Dividend

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InvenTrust Properties Corp. (NYSE: IVT) has declared a quarterly cash distribution of $0.2155 per share of common stock for the quarter ending March 31, 2023. This payment is scheduled for April 14, 2023, to shareholders on record as of March 31, 2023. As of December 31, 2022, the company manages 62 retail properties with a total of 10.3 million square feet in the Sun Belt region. IVT focuses on grocery-anchored neighborhood centers and is a committed member of the Global Real Estate Sustainability Benchmark since 2013, emphasizing strong ESG practices.

Positive
  • Quarterly cash distribution of $0.2155 per share shows commitment to returning value to shareholders.
  • Strong management of 62 retail properties totaling 10.3 million square feet provides a solid asset base.
Negative
  • None.

DOWNERS GROVE, III.--(BUSINESS WIRE)-- InvenTrust Properties Corp. (NYSE: IVT) announced today that its Board of Directors declared a quarterly cash distribution of $0.2155 per share of common stock for the quarter ending March 31, 2023. This distribution will be paid on or about April 14, 2023, to stockholders of record as of March 31, 2023.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. (“we,” the “Company,” “our,” “us,” "IVT" or "InvenTrust") 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. We pursue our 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 ("ESG") practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013. As of December 31, 2022, the Company is an owner and manager of 62 retail properties, representing 10.3 million square feet of retail space. For more information, please visit www.inventrustproperties.com.

Availability of Information on InvenTrust Properties Corp.'s Website and Social Media Channels

Investors and others should note that InvenTrust routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts and the InvenTrust investor relations website. The Company uses these channels as well as social media channels (e.g., the InvenTrust Twitter account (twitter.com/inventrustprop); and the InvenTrust LinkedIn account (linkedin.com/company/inventrustproperties) as a means of disclosing information about the Company's business to our colleagues, investors, and the public. While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in InvenTrust to review the information that it shares on www.inventrustproperties.com/investor-relations and on the Company’s social media channels.

Dan Lombardo

Vice President of Investor Relations

630-570-0605

dan.lombardo@inventrustproperties.com

Source: InvenTrust Properties Corp.

FAQ

When will InvenTrust Properties Corp. pay its next dividend?

The next dividend payment for InvenTrust Properties Corp. is scheduled for April 14, 2023.

What is the amount of the quarterly cash distribution for IVT?

The quarterly cash distribution for IVT is $0.2155 per share.

Who is eligible for the dividend from InvenTrust Properties Corp.?

Stockholders of record as of March 31, 2023, are eligible for the dividend.

How many retail properties does InvenTrust manage?

InvenTrust manages 62 retail properties as of December 31, 2022.

What does InvenTrust focus on in its business strategy?

InvenTrust focuses on owning, leasing, redeveloping, and managing grocery-anchored neighborhood and community centers.

InvenTrust Properties Corp.

NYSE:IVT

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2.27B
77.13M
0.45%
58.32%
1.03%
REIT - Retail
Real Estate Investment Trusts
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United States of America
DOWNERS GROVE