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

InvenTrust Properties Corp. (NYSE:IVT) announced a quarterly dividend on Friday, March 13th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.25 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, March 31st. This is a 5.2% increase from InvenTrust Properties’s previous quarterly dividend of $0.24.

InvenTrust Properties has increased its dividend 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% meaning 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 $1.89 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 52.9%.

InvenTrust Properties Price Performance

NYSE IVT opened at $30.46 on Friday. The company has a 50-day moving average price of $30.46 and a 200-day moving average price of $29.14. InvenTrust Properties has a 52 week low of $25.21 and a 52 week high of $32.63. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $2.37 billion, a P/E ratio of 21.30, a PEG ratio of 2.88 and a beta of 0.84.

InvenTrust Properties (NYSE:IVT) last announced its earnings results on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The business had revenue of $77.38 million for the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Equities research analysts anticipate that InvenTrust Properties will post 1.79 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IVT. Loomis Sayles & Co. L P bought a new stake in shares of InvenTrust Properties during the second quarter valued at approximately $26,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 purchasing an additional 418 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of InvenTrust Properties by 82.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after purchasing an additional 621 shares during the last quarter. Avalon Trust Co purchased a new stake in shares of InvenTrust Properties in the third quarter worth about $43,000. Finally, Danske Bank A S boosted its stake in InvenTrust Properties by 220.0% during the fourth quarter. Danske Bank A S now owns 1,600 shares of the company’s stock valued at $45,000 after buying an additional 1,100 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors.

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.