InvenTrust Properties Corp. Plans Quarterly Dividend of $0.25 (NYSE:IVT)

InvenTrust Properties Corp. (NYSE:IVT) announced a quarterly dividend on Monday, June 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.25 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, June 30th.

InvenTrust Properties has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 4 years. InvenTrust Properties has a dividend payout ratio of 312.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect InvenTrust Properties to earn $2.09 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 47.8%.

InvenTrust Properties Stock Performance

IVT opened at $34.53 on Tuesday. The firm has a market capitalization of $2.69 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 2.86 and a beta of 0.80. The stock’s 50 day moving average price is $32.48 and its two-hundred day moving average price is $30.67. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. InvenTrust Properties has a 12-month low of $26.52 and a 12-month high of $35.54.

InvenTrust Properties (NYSE:IVT) last released its earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $82.58 million for the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. On average, equities analysts forecast that InvenTrust Properties will post 1.99 earnings per share for the current year.

About InvenTrust Properties

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.