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

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

InvenTrust Properties has increased its dividend by an average of 0.4%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% 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 Down 1.3%

Shares of NYSE:IVT opened at $34.53 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market cap of $2.69 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 2.86 and a beta of 0.80. InvenTrust Properties has a 52 week low of $26.52 and a 52 week high of $35.54. The firm has a 50 day simple moving average of $32.48 and a 200 day simple moving average of $30.67.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $82.58 million during the quarter, compared to the consensus estimate of $78.79 million. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, research analysts expect 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.