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IIPR Innovative Industrial Properties dividend history, payout ratio & dates

Innovative Industrial Properties's latest quarterly cash dividend of $1.75 per share was issued to shareholders on record before Mar 30, 2022. At an annualized rate of $6.15 per share, the stock yields 4.69%. The latest IIPR dividend of $1.75 is an increase from the previous $1.5 payout, representing a growth of 17%.

Key dates

  • IIPR last dividend date: Mar 30, 2022
  • IIPR next dividend date: Not announced
IIPR dividend stats
DPS
$6.15
Dividend yield
4.69%
Payout ratio
123.5%
vs. Real Estate sector
Dividend yield
3.9%
Payout ratio
76.7%

Dividend yield

What is Innovative Industrial Properties current dividend yield

IIPR has a dividend yield of 4.69% which is above the Real Estate sector and the industry average.

Dividend history

What is IIPR dividend payout history and dates

Innovative Industrial Properties has been paying dividends for the last five years. Our records show that IIPR has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 28% since twelve months ago. And with the price of the stock down by 25% from a year ago, the dividend yield has an increase of 71%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Mar 14, 2022 Mar 30, 2022 Apr 14, 2022 $1.75 normal
Dec 15, 2021 Dec 30, 2021 Jan 14, 2022 $1.5 normal
Sep 15, 2021 Sep 29, 2021 Oct 15, 2021 $1.5 normal
Jun 15, 2021 Jun 29, 2021 Jul 15, 2021 $1.4 normal
Mar 15, 2021 Mar 30, 2021 Apr 15, 2021 $1.32 normal
Dec 14, 2020 Dec 30, 2020 Jan 15, 2021 $1.24 normal
Sep 15, 2020 Sep 29, 2020 Oct 15, 2020 $1.17 normal
Jun 15, 2020 Jun 29, 2020 Jul 15, 2020 $1.06 normal
Mar 13, 2020 Mar 30, 2020 Apr 15, 2020 $1 normal
Dec 10, 2019 Dec 30, 2019 Jan 15, 2020 $1 normal
Sep 13, 2019 Sep 27, 2019 Oct 15, 2019 $0.78 normal
Jun 14, 2019 Jun 27, 2019 Jul 15, 2019 $0.6 normal
Mar 12, 2019 Mar 28, 2019 Apr 15, 2019 $0.45 normal
Dec 14, 2018 Dec 28, 2018 Jan 15, 2019 $0.35 normal
Sep 14, 2018 Sep 27, 2018 Oct 15, 2018 $0.35 normal
Jun 15, 2018 Jun 28, 2018 Jul 16, 2018 $0.25 normal
Mar 15, 2018 Mar 28, 2018 Apr 16, 2018 $0.25 normal
Dec 15, 2017 Dec 28, 2017 Jan 16, 2018 $0.25 normal
Sep 15, 2017 Sep 28, 2017 Oct 13, 2017 $0.15 normal
May 30, 2017 Jun 28, 2017 Jul 14, 2017 $0.15 normal

Dividend payout ratio

What is Innovative Industrial Properties dividend payout ratio compared to the sector

Payout ratio

IIPR has a payout ratio of 123.5% which is higher than the Real Estate sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)