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Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Innovative Industrial Properties Dividend Announcement

Innovative Industrial Properties announced a quarterly dividend of $1.90 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
Innovative Industrial Properties annual dividend for 2024 was $5.62
Innovative Industrial Properties annual dividend for 2023 was $7.22
Innovative Industrial Properties's trailing twelve-month (TTM) dividend yield is 6.93%
Innovative Industrial Properties's payout ratio for the trailing twelve months (TTM) is 128.50%
Innovative Industrial Properties's dividend growth over the last five years (2018-2023) was 43.18% year

Innovative Industrial Properties Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$1.90quarterly2024-10-15
2024-06-28$1.90quarterly2024-07-15
2024-03-27$1.82quarterly2024-04-15
2023-12-28$1.82quarterly2024-01-12
2023-09-28$1.80quarterly2023-10-13
2023-06-29$1.80quarterly2023-07-14
2023-03-30$1.80quarterly2023-04-14
2022-12-29$1.80quarterly2023-01-13
2022-09-29$1.80quarterly2022-10-14
2022-06-29$1.75quarterly2022-07-15
2022-03-30$1.75quarterly2022-04-14
2021-12-30$1.50quarterly2022-01-14
2021-09-29$1.50quarterly2021-10-15
2021-06-29$1.40quarterly2021-07-15
2021-03-30$1.32quarterly2021-04-15
2020-12-30$1.24quarterly2021-01-15
2020-09-29$1.17quarterly2020-10-15
2020-06-29$1.06quarterly2020-07-15
2020-03-30$1.00quarterly2020-04-15
2019-12-30$1.00quarterly2020-01-15
2019-09-27$0.78quarterly2019-10-15
2019-06-27$0.60quarterly2019-07-15
2019-03-28$0.45quarterly2019-04-15
2018-12-28$0.35quarterly2019-01-15
2018-09-27$0.35quarterly2018-10-15
2018-06-28$0.25quarterly2018-07-16
2018-03-28$0.25quarterly2018-04-16
2017-12-28$0.25quarterly2018-01-16
2017-09-28$0.15quarterly2017-10-13
2017-06-28$0.15quarterly2017-07-14

Innovative Industrial Properties Dividend per year

Innovative Industrial Properties Dividend growth

Innovative Industrial Properties Dividend Yield

Innovative Industrial Properties current trailing twelve-month (TTM) dividend yield is 6.93%. Interested in purchasing Innovative Industrial Properties stock? Use our calculator to estimate your expected dividend yield:

Innovative Industrial Properties Financial Ratios

P/E ratio18.58
PEG ratio0.13
P/B ratio1.56
ROE8.37%
Payout ratio128.50%
Current ratio1.21
Quick ratio1.21
Cash Ratio1.05

Innovative Industrial Properties Dividend FAQ

How much is the next Innovative Industrial Properties dividend?
Innovative Industrial Properties's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Innovative Industrial Properties dividend. The next Innovative Industrial Properties dividend will be released in March, June, September, or December.
When is Innovative Industrial Properties dividend paid?
Innovative Industrial Properties pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Innovative Industrial Properties pay?
The specific amount of Innovative Industrial Properties dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Innovative Industrial Properties's dividend history.
Does Innovative Industrial Properties stock pay dividends?
Yes, Innovative Industrial Properties does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Innovative Industrial Properties's dividend history.
How much dividend does Innovative Industrial Properties pay?
Innovative Industrial Properties paid $5.62 in 2024, $7.22 in 2023, $7.1 in 2022, $5.72 in 2021, and $4.47 in 2020.
How often does Innovative Industrial Properties pay dividends?
Innovative Industrial Properties typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Innovative Industrial Properties's dividend yield?
The current dividend yield for Innovative Industrial Properties is 6.93%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Innovative Industrial Properties's exact dividend yield.
When does Innovative Industrial Properties go ex dividend?
Innovative Industrial Properties's ex-dividend date for the latest dividend was on 2024-09-30. Innovative Industrial Properties typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Innovative Industrial Properties dividend paid?
Innovative Industrial Properties pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Innovative Industrial Properties increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Innovative Industrial Properties will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Innovative Industrial Properties dividend per share?
Innovative Industrial Properties paid $5.62 per share in 2024 and $7.22 per share in 2023. The amount of dividend per share that Innovative Industrial Properties pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Innovative Industrial Properties a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Innovative Industrial Properties a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Innovative Industrial Properties a dividend stock?
Yes, Innovative Industrial Properties is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Innovative Industrial Properties a good dividend stock?
Whether Innovative Industrial Properties is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Innovative Industrial Properties has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Innovative Industrial Properties as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Innovative Industrial Properties pay dividends monthly?
Innovative Industrial Properties typically pays dividends on a quarterly basis.
Does Innovative Industrial Properties pay dividends quarterly?
Innovative Industrial Properties currently pays dividends on a quarterly basis.
Has Innovative Industrial Properties ever paid a dividend?
Yes, Innovative Industrial Properties has a history of paying dividends to its shareholders. Innovative Industrial Properties is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Innovative Industrial Properties dividend stocks?
To buy Innovative Industrial Properties you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Innovative Industrial Properties stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Innovative Industrial Properties pay dividends 2024?
Innovative Industrial Properties pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Innovative Industrial Properties increase its dividend in 2024?
Decisions regarding Innovative Industrial Properties dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Innovative Industrial Properties dividend overview you can look into the above table of dividend history.
How Innovative Industrial Properties dividend works?
The Innovative Industrial Properties dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Innovative Industrial Properties's dividend process works:

1. Determination of Dividend: Innovative Industrial Properties's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Innovative Industrial Properties publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Innovative Industrial Properties distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Innovative Industrial Properties are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Innovative Industrial Properties dividends paid?
Innovative Industrial Properties dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Innovative Industrial Properties sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Innovative Industrial Properties distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Innovative Industrial Properties declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Innovative Industrial Properties pay dividends?
Innovative Industrial Properties typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Innovative Industrial Properties pay dividends?
The general pattern is that Innovative Industrial Properties pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Innovative Industrial Properties dividend safe?
The safety of Innovative Industrial Properties's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Innovative Industrial Properties's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Innovative Industrial Properties's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.