Innovative Industrial Properties, Inc. (IIPR)
$54.83
-0.47 (-0.85%)
Close of Nov 06, 2026 · end-of-day data
Dividend yield13.86%trailing 12 months
Annual dividend$7.60paid in the last year
Payout ratio172%of earnings
FrequencyQuarterly
Raised7 yrsin a row, within the ~10 years we track
5-year growth+11.2%per year
Dividends by year
| Year | Total per share | Payments | Change |
|---|---|---|---|
| 2026 (to date) | $5.70 | 3 | — |
| 2025 | $7.60 | 4 | +1.1% |
| 2024 | $7.52 | 4 | +4.2% |
| 2023 | $7.22 | 4 | +1.7% |
| 2022 | $7.10 | 4 | +24.1% |
| 2021 | $5.72 | 4 | +28.0% |
| 2020 | $4.47 | 4 | +58.0% |
| 2019 | $2.83 | 4 | +135.8% |
| 2018 | $1.20 | 4 | — |
| 2017 (partial) | $0.5500 | 3 | — |
Payment history
by ex-dividend date| Ex-dividend date | Amount |
|---|---|
| Sep 30, 2026 | $1.9000 |
| Jun 30, 2026 | $1.9000 |
| 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 |
| Mar 30, 2021 | $1.3200 |
| Dec 30, 2020 | $1.2400 |
| Sep 29, 2020 | $1.1700 |
| Jun 29, 2020 | $1.0600 |
| Mar 30, 2020 | $1.0000 |
| Dec 30, 2019 | $1.0000 |
| Sep 27, 2019 | $0.7800 |
| Jun 27, 2019 | $0.6000 |
| Mar 28, 2019 | $0.4500 |
| Dec 28, 2018 | $0.3500 |
| Sep 27, 2018 | $0.3500 |
| Jun 28, 2018 | $0.2500 |
| Mar 28, 2018 | $0.2500 |
| Dec 28, 2017 | $0.2500 |
| Sep 28, 2017 | $0.1500 |
| Jun 28, 2017 | $0.1500 |
Payments are cash dividends per share by ex-dividend date, adjusted for stock splits, from daily price records; the upcoming dividend comes from the Nasdaq dividend calendar. Yield = dividends paid in the last 12 months divided by the latest close. Not investment advice.
Frequently asked questions
How much does Innovative Industrial Properties pay in dividends?
Innovative Industrial Properties paid $7.60 per share over the last 12 months, a yield of 13.86% at the latest close. It pays quarterly.
When is Innovative Industrial Properties's next ex-dividend date?
No upcoming ex-dividend date is on the calendar yet. The most recent one was September 30, 2026.
What is an ex-dividend date?
The first trading day on which a new buyer of the stock is not entitled to the upcoming dividend. To receive it you must own the shares at the close of the trading day before the ex-date.