IIPR — Innovative Industrial Properties, Inc.
Dividend Grades
vs Real Estate sector| Metric | IIPR | Sector Median |
|---|---|---|
| Dividend Yield | 12.66% | 5.18% |
| Dividend Growth (5Y) | 11.20% | 2.43% |
| Payout Ratio | 193.4% | 124.1% |
| Consecutive Years Paid | 10 | 14 |
| 1Y Total Return | +26.5% | 14.6% |
Grades compare this stock to Real Estate sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →
1-Year Growth
1.06%
3-Year Growth
2.29%
5-Year Growth
11.20%
10-Year Growth
N/A
Key Dividend Dates
Next Ex-Date
N/A
Next Payment
N/A
Last Ex-Date
Mar 31, 2026
Last Payment
Apr 15, 2026
Dividend History
| Ex-Date | Amount | Change |
|---|---|---|
| Mar 31, 2026 | $1.9000 | 0.00% |
| Dec 31, 2025 | $1.9000 | 0.00% |
| Sep 30, 2025 | $1.9000 | 0.00% |
| Jun 30, 2025 | $1.9000 | 0.00% |
| Mar 31, 2025 | $1.9000 | 0.00% |
| Dec 31, 2024 | $1.9000 | 0.00% |
| Sep 30, 2024 | $1.9000 | 0.00% |
| Jun 28, 2024 | $1.9000 | +4.40% |
| Mar 27, 2024 | $1.8200 | 0.00% |
| Dec 28, 2023 | $1.8200 | +1.11% |
| Sep 28, 2023 | $1.8000 | 0.00% |
| Jun 29, 2023 | $1.8000 | 0.00% |
| Mar 30, 2023 | $1.8000 | 0.00% |
| Dec 29, 2022 | $1.8000 | 0.00% |
| Sep 29, 2022 | $1.8000 | +2.86% |
| Jun 29, 2022 | $1.7500 | 0.00% |
| Mar 30, 2022 | $1.7500 | +16.67% |
| Dec 30, 2021 | $1.5000 | 0.00% |
| Sep 29, 2021 | $1.5000 | +7.14% |
| Jun 29, 2021 | $1.4000 | +6.06% |
Payout Ratio (Earnings)
193.4%
HighFCF Payout Ratio
108.5%
HighFinancial Snapshot
| Period | EPS | FCF |
|---|---|---|
| Q1 2025 | $1.05 | $54.24M |
| Q2 2025 | $0.87 | $48.45M |
| Q3 2025 | $1.01 | $45.59M |
| Q4 2025 | $1.07 | $49.91M |
Analyst Ratings (Last 90 Days)
Peer Comparison
Compare IIPR:
About this data
Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.
Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.
Consecutive years — calendar years with a higher total annual dividend than the prior year.
Growth rates — annualized, comparing the most recent full year total to the total N years prior.
For informational purposes only. Not investment advice.
Data as of May 6, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.