InvenTrust Properties Corp. Announces Second Quarter 2024 Cash Dividend

Rhea-AI Summary

InvenTrust Properties Corp. (NYSE: IVT) announced a second quarter 2024 cash dividend of $0.2263 per share of common stock.

This dividend marks a 5% increase from the previous year. When annualized, the rate is $0.9052 per share.

The dividend will be paid on or about July 15, 2024, to shareholders of record as of June 30, 2024.

Positive

• Declared a second quarter 2024 cash dividend of $0.2263 per share.
• The dividend represents a 5% increase year-over-year.
• Annualized dividend rate is $0.9052 per share.
• Dividend payout date is on or about July 15, 2024.

Negative

• Dividend payout requires shareholders to be of record as of June 30, 2024, which may exclude new investors.

DOWNERS GROVE, Ill.--(BUSINESS WIRE)-- InvenTrust Properties Corp. (NYSE: IVT) announced today that its Board of Directors declared a second quarter 2024 cash distribution of $0.2263 per share of common stock, which represents a 5% year-over-year increase. When annualized, this is equal to a rate of $0.9052 per share. This distribution will be paid on or about July 15, 2024, to stockholders of record as of June 30, 2024.

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. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240531342125/en/

Dan Lombardo

Vice President of Investor Relations

630-570-0605

dan.lombardo@inventrustproperties.com

Source: InvenTrust Properties Corp.

FAQ

What is InvenTrust Properties Corp's second quarter 2024 dividend?

InvenTrust Properties Corp declared a second quarter 2024 cash dividend of $0.2263 per share.

How much has the IVT dividend increased year-over-year?

The IVT dividend increased by 5% year-over-year.

What is the annualized dividend rate for IVT?

The annualized dividend rate for IVT is $0.9052 per share.

When is the IVT dividend payout date?

The IVT dividend payout date is on or about July 15, 2024.

What is the record date for the IVT dividend?

The record date for the IVT dividend is June 30, 2024.