Innovative Industrial Properties, Inc. Common stock (IIPR) Dividend History

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.

1389 Center Drive, Park City, UT, 84098
Phone: (858) 997-3332
Website: https://www.innovativeindustrialproperties.com

Dividend Yield: 13.96%

Dividend Frequency: Quarterly

Dividend History

Pay Date	Amount	Ex Dividend Date	Record Date
July 15, 2025	$1.90	06/30/2025	06/30/2025
April 15, 2025	$1.90	03/31/2025	03/31/2025
January 15, 2025	$1.90	12/31/2024	12/31/2024
October 15, 2024	$1.90	09/30/2024	09/30/2024
July 15, 2024	$1.90	06/28/2024	06/28/2024
April 15, 2024	$1.82	03/27/2024	03/28/2024
January 12, 2024	$1.82	12/28/2023	12/29/2023
October 13, 2023	$1.80	09/28/2023	09/29/2023
July 14, 2023	$1.80	06/29/2023	06/30/2023
April 14, 2023	$1.80	03/30/2023	03/31/2023
January 13, 2023	$1.80	12/29/2022	12/30/2022
October 14, 2022	$1.80	09/29/2022	09/30/2022
July 15, 2022	$1.75	06/29/2022	06/30/2022
April 14, 2022	$1.75	03/30/2022	03/31/2022
January 14, 2022	$1.50	12/30/2021	12/31/2021
October 15, 2021	$1.50	09/29/2021	09/30/2021
July 15, 2021	$1.40	06/29/2021	06/30/2021
April 15, 2021	$1.32	03/30/2021	03/31/2021
January 15, 2021	$1.24	12/30/2020	12/31/2020
October 15, 2020	$1.17	09/29/2020	09/30/2020
July 15, 2020	$1.06	06/29/2020	06/30/2020
April 15, 2020	$1.00	03/30/2020	03/31/2020
January 15, 2020	$1.00	12/30/2019	12/31/2019
October 15, 2019	$0.78	09/27/2019	09/30/2019
July 15, 2019	$0.60	06/27/2019	06/28/2019
April 15, 2019	$0.45	03/28/2019	03/29/2019
January 15, 2019	$0.35	12/28/2018	12/31/2018
October 15, 2018	$0.35	09/27/2018	09/28/2018
July 16, 2018	$0.25	06/28/2018	06/29/2018
April 16, 2018	$0.25	03/28/2018	03/29/2018
January 16, 2018	$0.25	12/28/2017	12/29/2017
October 13, 2017	$0.15	09/28/2017	09/29/2017
July 14, 2017	$0.15	06/28/2017	06/30/2017

Dividends Summary

Innovative Industrial Properties, Inc. Common stock has issued 33 dividend payments over the past 8 years
The most recent dividend was paid 8 days ago, on July 15, 2025
The first recorded dividend was paid on July 14, 2017
The highest dividend payout was $1.90 per share
The average dividend over this 8 year span is $1.22 per share
Innovative Industrial Properties, Inc. Common stock has increased its dividend payments by 1166.67% since 2017

Company News

Investor Alert: Johnson Fistel Investigates Innovative Industrial Properties, Integral Ad Science, Manhattan Associates, and Crocs on Behalf of Shareholders

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.

GlobeNewswire Inc.

Featured Companies: CROX IAS MANH
Why Shares of Innovative Industrial Properties Sank This Week

Innovative Industrial Properties, a cannabis REIT, has faced multiple tenant defaults, raising concerns about its business viability. The company's stock price has dropped significantly in response to the news.

The Motley Fool
IIPR Investors Have Final Opportunity to Lead Innovative Industrial Properties, Inc. Securities Fraud Lawsuit with the Schall Law Firm

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.

Benzinga
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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.

Zacks Investment Research

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I Am Loading Up On These 8.5% Yielding REITs

High dividend yield typically indicates high risk. But there are exceptions. Check out two 8%+ yielding REITs that I am buying.

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Page data last updated 07/22/2025 21:43:35 UTC Dividend yield is calculated using only dividends that have already been paid. Future or declared dividends are not included