Innovative Industrial Properties, Inc. Common stock (IIPR)

Innovative Industrial Properties, Inc. (IIPR) is a real estate investment trust (REIT) focused on the acquisition and management of industrial properties, primarily those leased to companies in the cannabis industry. It specializes in providing compliant, long-term real estate solutions to licensed cannabis operators, facilitating industry growth while offering investors exposure to the evolving cannabis sector through a REIT investment structure.

Dividend Yield 13.23%
Payout Frequency Quarterly

Dividend History

🎉 Upcoming Dividend

Investors can expect a dividend payout of $1.90 per share, scheduled to be distributed in 25 days on October 15, 2025

Pay Date Amount Ex-Date Record Date
October 15, 2025 $1.90 2025-09-30 2025-09-30
July 15, 2025 $1.90 2025-06-30 2025-06-30
April 15, 2025 $1.90 2025-03-31 2025-03-31
January 15, 2025 $1.90 2024-12-31 2024-12-31
October 15, 2024 $1.90 2024-09-30 2024-09-30

Dividends Summary

Company News

3 Overlooked Dividend Stocks Offering Yields Up to 16%
Investing.com • Brett Owens • August 22, 2025

The article discusses three high-yield dividend stocks that are currently overlooked by Wall Street analysts, including a business development company, a midstream energy partnership, and a marijuana-related real estate investment trust.

IIPR Earnings Drop on Tenant Defaults
The Motley Fool • Jesterai • August 7, 2025

Innovative Industrial Properties experienced significant financial challenges in Q2 2025, with revenue and earnings declining due to tenant defaults in the cannabis industry. The company is focusing on re-tenanting properties and stabilizing its portfolio over the next 18-36 months.

Investor Alert: Johnson Fistel Investigates Innovative Industrial Properties, Integral Ad Science, Manhattan Associates, and Crocs on Behalf of Shareholders
GlobeNewswire Inc. • Johnson Fistel, Pllp • May 21, 2025

Johnson Fistel is investigating potential violations of federal and state securities laws by certain officers and directors of Innovative Industrial Properties, Integral Ad Science, Manhattan Associates, and Crocs. The investigations are based on allegations of false and misleading statements made by the companies.

IIPR Investors Have Final Opportunity to Lead Innovative Industrial Properties, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Benzinga • Prnewswire • March 18, 2025

Innovative Industrial Properties, Inc. (IIPR) is facing a securities fraud lawsuit alleging the company made false and misleading statements about its rent and property management fees, hindering its ability to maintain revenue growth and FFO. Investors who purchased the company's securities during the class period are encouraged to contact the Schall Law Firm before the deadline.

Why You Should Retain Lamar Advertising (LAMR) Stock for Now - Zacks Investment Research
Zacks Investment Research • N/A • July 4, 2024

Lamar Advertising Company's diversified tenant base, focus on local businesses, and digital platform expansion position it well for long-term growth. However, expected choppiness in the national business and high interest rates raise concerns.