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Innovative Industrial Properties Stock Dividends Overview

IIPR pays dividends quarterly. Last paid amount was $1.82 at Apr 15, 2024. As of today, dividend yield (TTM) is 8.60%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.60%
Frequency Quarterly
1Y Growth 1.11%
Payout Ratio 0
Amount Per Share $1.82
Innovative Industrial Properties has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.

IIPR Dividend Payout History

To ensure a understanding of IIPR's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 15, 2024 Mar 27, 2024 Apr 15, 2024 $1.82 1.88%
2 Dec 15, 2023 Dec 28, 2023 Jan 12, 2024 $1.82 1.95%
3 Sep 15, 2023 Sep 28, 2023 Oct 13, 2023 $1.80 2.38%
4 Jun 15, 2023 Jun 29, 2023 Jul 14, 2023 $1.80 2.38%
5 Mar 15, 2023 Mar 30, 2023 Apr 14, 2023 $1.80 2.54%
6 Dec 15, 2022 Dec 29, 2022 Jan 13, 2023 $1.80 1.61%
7 Sep 15, 2022 Sep 29, 2022 Oct 14, 2022 $1.80 2.00%
8 Jun 15, 2022 Jun 29, 2022 Jul 15, 2022 $1.75 1.83%
9 Mar 15, 2022 Mar 30, 2022 Apr 14, 2022 $1.75 1.03%
10 Dec 15, 2021 Dec 30, 2021 Jan 14, 2022 $1.50 0.715%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (86.22%)

Growth potential

Stable (24.10%)

IIPR Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from IIPR dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IIPR stock here.

Comparing IIPR to Sector and Country

IIPR pays a solid dividend yield of 8.60%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.03%). IIPR’s dividend yield is lower than the average of the top 25% of dividend payers in the Real Estate sector in the US market (12.31%), which means that there are more attractive dividend stocks to consider.

IIPR Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
HIW
Highwoods Properties Inc 2.777B $0.500 8.74% 225.24%
Innovative Industrial Properties 2.916B $1.82 8.60% 123.24%
Terreno Realty Corporation 5.194B $0.450 2.92% 81.44%

FAQ

What factors can affect the amount of IIPR's dividend payments?
The amount of IIPR's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in IIPR sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from IIPR stock be automatically reinvested?
If IIPR offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy IIPR stock.

How often does IIPR pay dividend?
Innovative Industrial Properties (IIPR) pays dividends quarterly. The most recent payout was on Apr 15, 2024.

How much does IIPR pays per share?
The last recorder (Mar 27, 2024) dividend per share was $1.82.

What is IIPR dividend growth rate?
Over the last year, Innovative Industrial Properties has witnessed growth rate of 1.11% . Looking back over the past 3 years, this growth rate has been 9.14%. Furthermore, examining the past 5 years, Innovative Industrial Properties has maintained an average Dividends Per Share Growth Rate of 24.85%.
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About Innovative Industrial Properties Inc.

Innovative Industrial Properties Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.... IIPR Profile

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