IIPR Dividend
Innovative Industrial Properties, Inc.
NYSEReal EstateStockData as of
- Dividend yield
- 13.68%
- Annual dividend
- $7.60
- Payout ratio
- 1.61
- Frequency
- Quarterly
- Share price
- $55.54
- Market cap
- $1.5B
Is IIPR a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 13.68%, the yield is more than three times the median of 2.81% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Paying out more than it earnsA payout ratio of 1.61 exceeds reported earnings, which is normal for a REIT: large depreciation charges push accounting earnings well below the cash the business actually collects. Analysts judge REIT dividends against funds from operations instead.
- No annual reduction on recordAcross 9 complete years of payment history, the total paid has never fallen year on year.
- Raised for 8 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.
IIPR dividend history
Annual dividend per share, 2017 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.9000 | Quarterly | ||
| $1.8200 | Quarterly | ||
| $1.8200 | Quarterly | ||
| $1.8000 | Quarterly | ||
| $1.8000 | Quarterly | ||
| $1.8000 | Quarterly | ||
| $1.8000 | Quarterly | ||
| $1.8000 | Quarterly | ||
| $1.7500 | Quarterly | ||
| $1.7500 | Quarterly | ||
| $1.5000 | Quarterly | ||
| $1.5000 | Quarterly | ||
| $1.4000 | Quarterly | ||
| $1.3200 | Quarterly | ||
| $1.2400 | Quarterly | ||
| $1.1700 | Quarterly | ||
| $1.0600 | Quarterly | ||
| $1.0000 | Quarterly | ||
| $1.0000 | Quarterly | ||
| $0.7800 | Quarterly | ||
| $0.6000 | Quarterly | ||
| $0.4500 | Quarterly | ||
| $0.3500 | Quarterly | ||
| $0.3500 | Quarterly | ||
| $0.2500 | Quarterly | ||
| $0.2500 | Quarterly | ||
| $0.2500 | Quarterly | ||
| $0.1500 | Quarterly | ||
| $0.1500 | Quarterly |
How much would IIPR pay you?
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Calculate IIPR dividend income →IIPR appears in
Other real estate dividend stocks
Closest to IIPR on yield.
- EFCEllington Financial Inc.13.68%
- NXRTNexPoint Residential Trust, Inc.13.46%
- RPTRithm Property Trust Inc.13.99%
- NXDTNexPoint Diversified Real Estate Trust14.04%
- TRTXTPG RE Finance Trust, Inc.14.24%
- CHCTCommunity Healthcare Trust Incorporated12.87%
- CHMICherry Hill Mortgage Investment Corporation14.65%
- NREFNexPoint Real Estate Finance, Inc.14.79%
Frequently asked questions
- Does IIPR pay a dividend?
- Yes. Innovative Industrial Properties, Inc. pays a quarterly dividend, currently yielding 13.68% based on trailing twelve-month payments of $7.60 per share.
- How much does IIPR pay in dividends?
- $7.60 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next IIPR ex-dividend date?
- No upcoming ex-dividend date is currently on record for IIPR. Dates appear here once the company declares them.