Innovative Industrial Properties, Inc.

Innovative Industrial Properties, Inc.verified

IIPR

Price:

$132.2201

Market Cap:

$3.75B

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.[Read more]

Industry

REIT - Industrial

IPO Date

2016-12-01

Stock Exchange

NYSE

Ticker

IIPR

The Dividend Yield as of September 2024 (TTM) for Innovative Industrial Properties, Inc. (IIPR) is 5.55%

According to Innovative Industrial Properties, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 5.55%. This represents a change of 185.94% compared to the average of 1.94% of the last 4 quarters.

Innovative Industrial Properties, Inc. (IIPR) Historical Dividend Yield (quarterly & annually)

How has IIPR Dividend Yield performed in the past?

The mean historical Dividend Yield of Innovative Industrial Properties, Inc. over the last ten years is 2.73%. The current 5.55% Dividend Yield has changed 103.10% with respect to the historical average. Over the past ten years (40 quarters), IIPR's Dividend Yield was at its highest in in the June 2023 quarter at 2.50%. The Dividend Yield was at its lowest in in the March 2016 quarter at 0%.

Quarterly (TTM)
Annual

Average

2.73%

Median

2.16%

Minimum

0%

Maximum

7.23%

Innovative Industrial Properties, Inc. (IIPR) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Innovative Industrial Properties, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 7.23%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20237.23%8.20%
20226.69%217.57%
20212.11%-2.41%
20202.16%-27.89%
20192.99%21.49%
20182.46%155.75%
20170.96%Infinity%
20160%0%

Innovative Industrial Properties, Inc. (IIPR) Average Dividend Yield

How has IIPR Dividend Yield performed in the past?

The current Dividend Yield of Innovative Industrial Properties, Inc. (IIPR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.34%

5-year avg

4.23%

10-year avg

2.73%

Innovative Industrial Properties, Inc. (IIPR) Dividend Yield vs. Peers

How is IIPR’s Dividend Yield compared to its peers?

Innovative Industrial Properties, Inc.’s Dividend Yield is less than Prologis, Inc. (2.89%), less than Public Storage (3.31%), less than Extra Space Storage Inc. (3.65%), less than CubeSmart (3.70%), less than STAG Industrial, Inc. (3.66%), less than Rexford Industrial Realty, Inc. (3.12%), greater than Life Storage, Inc. (0%), less than National Storage Affiliates Trust (4.61%), less than Americold Realty Trust, Inc. (3.07%),

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