SmarterDividends
IIPR

Innovative Industrial Properties, Inc.

IIPR

Real Estate · Stock · quarterly payer

Forward Yield

13.27%

Annual Dividend

$7.60

Payout Ratio

194%

5-Yr Growth

11.2%

Ex-Date

Mar 31, 2026

Frequency

Quarterly

Dividend Growth

Total dividends per share by year

What is IIPR?

Innovative Industrial Properties, Inc. (IIPR) is a Real Estate company that pays a quarterly dividend currently yielding about 13.27%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • 11.2% 5-yr dividend growth rate

Risks

  • Elevated payout ratio (193.88%) — less cushion
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
13.27%
Payout Ratio
194%
Annual Dividend
$7.60
5-Yr Avg Growth
11.2%
Ex-Dividend Date
Mar 31, 2026
Years of Growth
8
Frequency
quarterly
Beta
1.45
Market Cap
$1.7B
P/E Ratio
14.8

Frequently Asked Questions

Income Calculator

At $7.60 / yr per share

Per payment (quarterly)$190.00
Annual$760.00
Monthly avg$63.33