IIPR Dividend History - Innovative Industrial

Track the latest IIPR dividend history! 10.23% Dividend Yield, 10.96% Annual Growth - Explore IIPR's complete dividend history

Yield 12m 10.23%
Cash Amount 12m 7.52
Dividend Growth 5y avg 10.96%
Dividend Rating 95.58%
Yield on Cost 5y 10.98%
Payout Ratio current 1.9%
Payout Frequency 12m 4
Payout Consistency 100.0%
Total Return 12m: -11.69%
#11 in Group
Total Return 5y: 7.32%
#9 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
Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
IIPR 2,031m 10.2% 11.0%
PLYM 771m 5.87% 6.63%
HASI 3,365m 5.88% 5.67%
PRV-UN 223m 5.79% 5.85%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
IIPR 2,031m 11.0% 95.6%
EGP 8,647m 11.6% 70.8%
REXR 9,352m 14.2% 74.5%
TRNO 6,715m 10.9% 70.2%

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IIPR Dividend History - Last 31 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
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 1.28%
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 History - FAQ

Does IIPR pay dividends?

Yes, as of February 2025, IIPR paid a dividend of 7.52 USD in the last 12 months. The last dividend was paid on 2024-12-31.

What is the Dividend Yield of IIPR?

As of February 2025, IIPR`s dividend yield is 10.23%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 7.52 USD by the current share price of 73.49.

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 Rate of IIPR?

IIPR's average dividend growth rate over the past 5 years is 10.96% 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 10.98%. This represents the effective dividend yield for an investor who bought Innovative Industrial five years ago. It is calculated as the trailing 12-month dividend cash amount (7.52) divided by the purchase price five years ago (68.48):

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 10.23% 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 1.9%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of IIPR?

IIPR`s Overall Dividend Rating is 95.58%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: IIPR Outstanding Shares

What is the Trend of IIPR`s Outstanding Shares?

The Outstanding Shares of Innovative Industrial are growing at a rate of 2.65% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 100.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Innovative Industrial ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
2016 3350000
2017 5883600 +75.63%
2018 9515800 +61.73%
2019 12044600 +26.57%
2020 25077100 +108.2%
2021 26263600 +4.73%
2022 28160300 +7.22%
2023 28279800 +0.42%
2024 28579700 +1.06%