Innovative Industrial Properties, Inc. Common stock
IIPRInnovative 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 History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 15, 2026 | $1.90 | 2025-12-31 | 2025-12-31 |
| 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 |
Dividends Summary
- Consistent Payer: Innovative Industrial Properties, Inc. Common stock has rewarded shareholders with 35 dividend payments over the past 9 years.
- Total Returned Value: Investors who held IIPR shares during this period received a total of $44.21 per share in dividend income.
- Latest Payout: The most recent dividend of $1.90/share was paid 8 days ago, on January 15, 2026.
- Yield & Schedule: IIPR currently pays dividends quarterly with an annual yield of 15.46%.
- Dividend Growth: Since 2017, the dividend payout has grown by 1166.7%, from $0.15 to $1.90.
- Dividend Reliability: IIPR has maintained or increased its dividend for 35 consecutive payments.
Company News
The Invesco KBW Premium Yield Equity REIT ETF (KBWY) attracts investors with its high 7.72% SEC 30-day yield and monthly distributions, but carries significant risks. The fund focuses on smaller, riskier REITs and has received Morningstar's lowest one-star rating over multiple periods. Key holdings like Innovative Industrial Properties and Commun...
Innovative Industrial Properties (IIPR) provides critical financing and real estate solutions for cannabis businesses, offering a high 13.7% dividend yield by leasing facilities back to operators in a restricted banking environment.
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.
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.
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.
