Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| July 15, 2026 | $1.90 | 2026-06-30 | 2026-06-30 |
| April 15, 2026 | $1.90 | 2026-03-31 | 2026-03-31 |
| 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 |
Dividends Summary
- Consistent Payer: has rewarded shareholders with 37 dividend payments over the past 9 years.
- Total Returned Value: Investors who held IIPR shares during this period received a total of $48.01 per share in dividend income.
- Latest Payout: The most recent dividend of $1.90/share was paid 3 days ago, on July 15, 2026.
- Yield & Schedule: IIPR currently pays dividends quarterly with an annual yield of 11.79%.
- 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 37 consecutive payments.
Company News
Vireo Growth Inc. completed the acquisition of its 389,000 square foot Johnstown, New York cannabis cultivation facility from Innovative Industrial Properties for $88.5 million. The purchase was financed through $49 million in seller financing from IIP at 15% annual interest and a $41 million loan from Chicago Atlantic Financial Services.
An executive order fast-tracking psychedelic medicines to market has bifurcated the alternative drug sector. Psychedelic stocks like Compass Pathways and Atai Beckley surged 40% and 20% respectively due to regulatory tailwinds and short squeezes, while mature cannabis operators like Curaleaf and Innovative Industrial Properties are now valued as ...
Innovative Industrial Properties (IIPR) shares rose 16% this week after beating Q4 earnings expectations despite revenue and FFO declining 13%. The cannabis-focused REIT maintains a 13.9% dividend yield and is diversifying into life sciences through a $270 million commitment to IQHQ. Management expressed optimism about dividend sustainability bas...
Innovative Industrial Properties (IIPR), a marijuana REIT, surged nearly 11% after reporting Q4 earnings that beat analyst expectations despite declining revenue and profitability. The stock's jump was primarily driven by positive updates on tenant defaults, with the company successfully collecting payments from two defaulting tenants and moving ...
Innovative Industrial Properties (IIPR), a cannabis-focused REIT, faces significant headwinds with stock down 79% over five years. The company experienced declining revenue and tenant defaults in Q3, while maintaining an unsustainable 111% dividend-to-AFFO payout ratio that could lead to dividend cuts. However, potential cannabis reclassification...
