InvenTrust Properties raises quarterly dividend by 5%

Published 20/06/2025, 21:18
InvenTrust Properties raises quarterly dividend by 5%

DOWNERS GROVE, Ill. - InvenTrust Properties Corp. (NYSE: IVT) declared a second quarter 2025 cash distribution of $0.2377 per share of common stock, representing a 5% increase from the previous year, according to a press release statement. The company has demonstrated consistent dividend growth, having raised its dividend for seven consecutive years, with a current yield of 3.4%. InvestingPro analysis shows the company maintains strong financial health with a current ratio of 1.52x.

The dividend will be paid around July 15, 2025, to stockholders of record as of June 30, 2025. On an annualized basis, this distribution equals $0.9508 per share.

InvenTrust Properties is a real estate investment trust (REIT) focused on multi-tenant essential retail properties primarily in Sun Belt markets. The company specializes in grocery-anchored neighborhood and community centers as well as power centers often featuring grocery components.

The company’s business strategy includes acquiring retail properties in Sun Belt markets and opportunistic disposition of retail assets while maintaining a flexible capital structure. The strategy appears to be working well, with the company maintaining a healthy debt-to-equity ratio of 0.43 and generating strong free cash flow yield of 5%.

In other recent news, Inventrust Properties Corp reported a strong start to 2025 by surpassing earnings expectations for the first quarter. The company achieved an earnings per share (EPS) of $0.09, exceeding the anticipated $0.07, and generated $73.77 million in revenue, slightly above the forecast of $73.25 million. Inventrust also reported a 6.1% growth in Same Property Net Operating Income compared to the previous year, reflecting effective portfolio management. The company plans to exit its California investments as part of its strategic adjustments and focus on high-growth markets such as Charlotte and Asheville. Inventrust’s strong financial performance has been driven by strategic acquisitions and a focus on necessity-based retail centers. The company maintains a positive outlook for the year with guidance for Same Property NOI growth between 3.5% and 4.5%. Additionally, the firm expects NAREIT FFO to range from $1.83 to $1.89 per share. The company’s strategic focus on the Sunbelt markets continues to provide resilient performance despite broader economic challenges.

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