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

InvenTrust Properties Corp. (NYSE:IVT) announced a quarterly dividend on Monday, June 15th. Shareholders of record on Tuesday, June 30th will be paid 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 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. Equities 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 Price Performance

Shares of InvenTrust Properties stock opened at $34.53 on Tuesday. The firm 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 12-month low of $26.52 and a 12-month high of $35.54. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. The company’s fifty day simple moving average is $32.48 and its two-hundred day simple moving average is $30.67.

InvenTrust Properties (NYSE:IVT) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $82.58 million for the quarter, compared to analyst estimates 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, equities analysts expect that InvenTrust Properties will post 1.99 EPS for the current year.

Institutional Investors Weigh In On InvenTrust Properties

A number of large investors have recently modified their holdings of IVT. Cassaday & Co Wealth Management LLC purchased a new position in InvenTrust Properties during the 1st quarter valued at about $29,000. EverSource Wealth Advisors LLC lifted its position in InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after acquiring an additional 418 shares during the period. Global Retirement Partners LLC lifted its position in InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after acquiring an additional 621 shares during the period. Avalon Trust Co purchased a new position in InvenTrust Properties during the 3rd quarter valued at about $43,000. Finally, Danske Bank A S lifted its position in InvenTrust Properties by 220.0% during the 4th quarter. Danske Bank A S now owns 1,600 shares of the company’s stock valued at $45,000 after acquiring an additional 1,100 shares during the period. Institutional investors own 61.70% of the company’s stock.

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.