Innovative Industrial Properties's latest quarterly cash dividend of $1.5 per share was issued to shareholders on record before Sep 29, 2021. At an annualized rate of $5.46 per share, the stock yields 2.18%. The latest IIPR dividend of $1.5 is an increase from the previous $1.4 payout, representing a growth of 7%.
IIPR next dividend date: Not announced
IIPR has a dividend yield of 2.18% which is below the Real Estate sector and the industry average.
Innovative Industrial Properties has been paying dividends for the last four years. Our records show that IIPR has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 29% since twelve months ago. However with the price of the stock up by 62% from a year ago, the dividend yield has a decrease of 21%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| 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 |
IIPR has a payout ratio of 122.7% which is higher than the Real Estate sector and the industry average.