IIPR Dividend History & Analysis | 100% Free Data

Track IIPR's dividend history, current yield, annual dividend growth rate, payout history and peer comparison. No paywalls !

Yield 12m 9.95%
Dividends per Share 12m 7.60
Dividend Growth Rate 5y 10.96%
Overall Dividend Rating 97.81%
Yield on Cost 5y 13.56%
Payout Ratio 140.0%
Payout Frequency 12m 4
Payout Consistency 100.0%
Total Return 12m: -40.10%
#18 in Group
Total Return 5y: -4.43%
#14 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Industrial REITs

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
IIPR 1,483m 9.95% 13.6%
PRV-UN 215m 9.52% 18.1%
DIR-UN 2,084m 6.34% 9.39%
HASI 2,954m 6.14% 7.50%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
IIPR 1,483m 11.0% 140%
ARG 1,778m 10.6% 31.6%
REXR 7,975m 14.2% 116%
MONT 1,519m 8.04% 2.80%

Similar Stocks with Attractive Dividends

IIPR Dividend History: Last 32 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-03-31 2025-03-31 2025-04-15 Quarterly 1.9 3.52%
2024-12-31 2024-12-31 2025-01-15 Quarterly 1.9 2.88%
2024-09-30 2024-09-30 2024-10-15 Quarterly 1.9 1.42%
2024-06-28 2024-06-28 2024-07-15 Quarterly 1.9 4.4% 1.74%
2024-03-27 2024-03-28 2024-04-15 Quarterly 1.82 1.77%
2023-12-28 2023-12-29 2024-01-12 Quarterly 1.82 1.1% 1.79%
2023-09-28 2023-09-29 2023-10-13 Quarterly 1.8 2.37%
2023-06-29 2023-06-30 2023-07-14 Quarterly 1.8 2.47%
2023-03-30 2023-03-31 2023-04-14 Quarterly 1.8 2.39%
2022-12-29 2022-12-30 2023-01-13 Quarterly 1.8 1.77%
2022-09-29 2022-09-30 2022-10-14 Quarterly 1.8 2.9% 1.98%
2022-06-29 2022-06-30 2022-07-15 Quarterly 1.75 1.57%
2022-03-30 2022-03-31 2022-04-14 Quarterly 1.75 16.7% 0.84%
2021-12-30 2021-12-31 2022-01-14 Quarterly 1.5 0.58%
2021-09-29 2021-09-30 2021-10-15 Quarterly 1.5 7.1% 0.64%
2021-06-29 2021-06-30 2021-07-15 Quarterly 1.4 6.1% 0.72%
2021-03-30 2021-03-31 2021-04-15 Quarterly 1.32 6.5% 0.76%
2020-12-30 2020-12-31 2021-01-15 Quarterly 1.24 6% 0.69%
2020-09-29 2020-09-30 2020-10-15 Quarterly 1.17 10.4% 0.92%
2020-06-29 2020-06-30 2020-07-15 Quarterly 1.06 6% 1.19%
2020-03-30 2020-03-31 2020-04-15 Quarterly 1
2019-12-30 2019-12-31 2020-01-15 Quarterly 1 28.2%
2019-09-27 2019-09-30 2019-10-15 Quarterly 0.78 30%
2019-06-27 2019-06-28 2019-07-15 Quarterly 0.6 33.3%
2019-03-28 2019-03-29 2019-04-15 Quarterly 0.45 28.6%
2018-12-28 2018-12-31 2019-01-15 Quarterly 0.35
2018-09-27 2018-09-28 2018-10-15 Quarterly 0.35 40%
2018-06-28 2018-06-29 2018-07-16 Quarterly 0.25
2018-03-28 2018-03-29 2018-04-16 Quarterly 0.25
2017-12-28 2017-12-29 2018-01-16 Quarterly 0.25 66.7%
2017-09-28 2017-09-29 2017-10-13 Quarterly 0.15
2017-06-28 2017-06-30 2017-07-14 Quarterly 0.15

IIPR Dividend FAQ

Does IIPR pay dividends?

Yes, as of April 2025, IIPR paid a dividend of 7.60 USD in the last 12 months. The last dividend was paid on 2025-03-31.

What is the Dividend Yield of IIPR?

As of April 2025, IIPR`s dividend yield is 9.95%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 7.60 USD by the current share price of 53.56.

How often does IIPR pay dividends?

IIPR pays dividends quarterly. Over the last 12 months (TTM), IIPR has issued 4 dividend payments.

What is the next Ex-Dividend Date for IIPR?

The next ex-dividend date for Innovative Industrial (IIPR) is unknown.

What is the Dividend Growth of IIPR?

IIPR's average dividend growth rate over the past 5 years is 11.0% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of IIPR?

IIPR's 5-Year Yield on Cost is 13.6%. This represents the effective dividend yield for an investor who bought Innovative Industrial five years ago. It is calculated as the sum of all trailing 12-month dividends (7.60) divided by the purchase price five years ago (56.05):

What is the Payout Consistency of IIPR?

IIPR Payout Consistency is 100.0%.
Highly consistent: Innovative Industrial has a strong track record of consistent dividend payments.

Does IIPR have a good Dividend Yield?

IIPR`s 9.95% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of IIPR?

The Dividend Payout Ratio of IIPR is 140.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of IIPR?

IIPR`s Overall Dividend Rating is 97.81%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

IIPR Outstanding Shares Analysis

What is the Trend in IIPR`s Outstanding Shares?

Innovative Industrial`s outstanding shares have increased by approximately 2.63% annually over the past 5 years (Correlation: 100.0%), negatively influencing stock price.

Has Innovative Industrial ever had a Stock Split?

No Stock Splits found.
Year Number of Shares Annual Growth Rate
2016 3,350,000
2017 5,883,600 +75.63%
2018 9,515,800 +61.73%
2019 12,044,600 +26.57%
2020 25,077,100 +108.2%
2021 26,263,600 +4.73%
2022 28,160,300 +7.22%
2023 28,279,800 +0.42%
2024 28,554,300 +0.97%