IIPR Dividend History, Dates & Yield

B-

Innovative Industrial Properties, Inc. · Real Estate

Current Price
$58.84
Dividend Yield
12.66%
Annual Dividend
$7.60
Frequency
Quarterly
Payout Ratio
193.40%
Next Ex-Date
TBA
B-
Overall
A
Yield
B
Growth
C
Safety
C
Consistency
B-
Performance
vs Real Estate sector · See methodology →

Dividend Growth & Streak

Payout Ratio
193.40%
FCF Payout Ratio
108.50%
5Y Growth Rate
11.20%
1Y Growth Rate
1.06%
Consecutive Increases
8 years
Consecutive Payments
10 years

Payment History

20 payments (of 36 total)
Ex-DateAmount
Mar 31, 2026$1.9000
Dec 31, 2025$1.9000
Sep 30, 2025$1.9000
Jun 30, 2025$1.9000
Mar 31, 2025$1.9000
Dec 31, 2024$1.9000
Sep 30, 2024$1.9000
Jun 28, 2024$1.9000
Mar 27, 2024$1.8200
Dec 28, 2023$1.8200
Sep 28, 2023$1.8000
Jun 29, 2023$1.8000
Mar 30, 2023$1.8000
Dec 29, 2022$1.8000
Sep 29, 2022$1.8000
Jun 29, 2022$1.7500
Mar 30, 2022$1.7500
Dec 30, 2021$1.5000
Sep 29, 2021$1.5000
Jun 29, 2021$1.4000

5-Year Yield Range

Where IIPR's yield sits today
Avg 8.73%High 16.05%Low 2.18%Current 12.66%
2.18%16.05%

Frequently Asked Questions

Does Innovative Industrial Properties, Inc. pay dividends?

Yes, Innovative Industrial Properties, Inc. (IIPR) pays a quarterly dividend of $7.60 per share annually, yielding 12.66%.

How much does IIPR pay in dividends per year?

IIPR pays $7.60 per share annually in quarterly payments.

Is IIPR's dividend safe?

IIPR has a payout ratio of 193.4% and has paid dividends for 10 consecutive years. Its dividend safety grade is C.

What is IIPR's dividend growth rate?

IIPR has grown its dividend at 11.20% annually over the past 5 years.

Has IIPR ever cut its dividend?

IIPR has increased its dividend for 8 consecutive years without a cut.

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