Innovative Industrial Properties (IIPR) dividend history

Real Estate · REIT - Industrial · Market cap $1.5B

Innovative Industrial Properties paid $216M in dividends in fiscal 2025, about $7.62 per share.

Dividends per share grew 49.2% a year over 8 years, rising in each of the last 8 years.

At today's price the trailing yield is 14.41%.

Dividends by fiscal year

Dividends paid from the cash flow statement in Innovative Industrial Properties's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).

Fiscal yearPer shareGrowthTotal paid% of free cash flow% of net income
2025$7.62 +2.6%$216M —183%
2024$7.43 +3.6%$212M —131%
2023$7.17 +7.9%$203M —122%
2022$6.65 +33.3%$184M —119%
2021$4.99 +29.2%$131M —115%
2020$3.86 +82.5%$75M —115%
2019$2.11 +131.9%$23M —96%
2018$0.91 +193.1%$7M —95%
2017$0.31 —$1M ——

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Questions

Does Innovative Industrial Properties pay a dividend?

Innovative Industrial Properties paid $216M in dividends in fiscal 2025, about $7.62 per share.

How fast has Innovative Industrial Properties's dividend grown?

Dividends per share grew 49.2% a year over 8 years, rising in each of the last 8 years.

From Innovative Industrial Properties's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.