InvenTrust Properties Corp. (NYSE:IVT) to Issue $0.25 Quarterly Dividend

InvenTrust Properties Corp. (NYSE:IVT) declared a quarterly dividend on Tuesday, September 15th. Investors of record on Wednesday, September 30th will be given a dividend of 0.25 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th.

InvenTrust Properties has increased its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 4 years. InvenTrust Properties has a payout ratio of 312.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect InvenTrust Properties to earn $2.06 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 48.5%.

InvenTrust Properties Price Performance

Shares of NYSE:IVT opened at $31.26 on Wednesday. The company’s fifty day moving average price is $33.95 and its 200 day moving average price is $33.02. InvenTrust Properties has a 12 month low of $26.81 and a 12 month high of $37.22. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.73 and a quick ratio of 1.73. The firm has a market capitalization of $2.44 billion, a P/E ratio of 156.29, a P/E/G ratio of 2.58 and a beta of 0.77.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. The company had revenue of $82.83 million during the quarter, compared to analyst estimates of $82.44 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, sell-side analysts predict that InvenTrust Properties will post 1.95 earnings per share for the current fiscal year.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (NYSE: IVT) is a real estate investment trust focused on owning, leasing, developing and managing open-air retail properties. Its portfolio primarily consists of grocery-anchored neighborhood and community shopping centers designed to serve daily consumer needs.

The company concentrates on high-growth markets across the Sun Belt, including the Southeast, Southwest and other expanding regions of the United States. Its properties typically feature grocery stores, pharmacies, restaurants, service businesses and other necessity-oriented retailers, with tenant mixes intended to support recurring customer traffic.

InvenTrust traces its history to Inland American Real Estate Trust and became a publicly traded company on the New York Stock Exchange in 2021.