PHILADELPHIA--(BUSINESS WIRE)--
Independence Realty Trust, Inc. (NYSE MKT: IRT) (“IRT”) today announced
that, on April 14, 2016, IRT’s Board of Directors declared monthly cash
dividends for the second quarter of 2016 on IRT’s shares of common stock
in the amount of $0.06 per share per month. The monthly dividends total
$0.18 per share for the second quarter. The month for which each
dividend was declared is set forth below, with the relevant amount per
share, record date and payment date set forth opposite the month:
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Month | | | Amount | | | Record Date | | | Payment Date |
| April 2016 | | | $0.06 | | | 04/29/2016 | | | 05/16/2016 |
| May 2016 | | | $0.06 | | | 05/31/2016 | | | 06/15/2016 |
| June 2016 | | | $0.06 | | | 06/30/2016 | | | 07/15/2016 |
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About Independence Realty Trust, Inc.
Independence Realty Trust, Inc. (NYSE MKT: IRT) is a real estate
investment trust that seeks to own well-located apartment properties in
geographic submarkets that it believes support strong occupancy and the
potential for growth in rental rates. IRT seeks to provide stockholders
with attractive risk-adjusted returns, with an emphasis on distributions
and capital appreciation. IRT is advised by a wholly-owned subsidiary of
RAIT Financial Trust (NYSE: RAS).

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Independence Realty Trust, Inc.
Andres Viroslav, 215-243-9000
aviroslav@irtreit.com
Source: Independence Realty Trust, Inc.