Innovative Industrial Properties, Inc. (IIPR) Dividends
Dividend Yield and Dividend History Highlights
- IIPR's trailing 12 month dividends has averaged an annual growth rate of 42.28%.
- As for its free cash flow/dividend ratio, IIPR's comes in at 3.6 -- better than 92.64% of other US-listed dividend issuers.
- IIPR's free cash flow has been growing at a compound average annual rate of 45.85% over the past 5.25 years -- higher than 87.83% of current US-listed dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with IIPR's price: SNY, AUBN, DGICA, PHI and CBD.
IIPR Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $105.30 | $95.32 | -51.45% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of IIPR, the dividend discount model StockNews created for the company implies a negative return of 51.45%. To help understand and contextualize the model's evaluation of IIPR, investors may wish to consider are:
- Beta, a measure of volatility relative to the stock market overall, is lower for IIPR than it is for merely 1.07% of other equities in the Real Estate sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, Innovative Industrial Properties Inc has been increasing its dividends at a faster rate than 99.93% of US-listed dividend-issuing stocks we observed.
- As other dividend issuers in the Real Estate sector, IIPR's equity discount rate is less than 3.74% of those stocks.
IIPR Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-30 | Dividend | $1.90 | -- |
| 2024-06-27 | Dividend | $1.90 | +4.40% |
| 2024-03-27 | Dividend | $1.82 | -- |
| 2023-12-28 | Dividend | $1.82 | +1.11% |
| 2023-09-28 | Dividend | $1.80 | -- |
| 2023-06-29 | Dividend | $1.80 | -- |
| 2023-03-30 | Dividend | $1.80 | -- |
| 2022-12-29 | Dividend | $1.80 | -- |
| 2022-09-29 | Dividend | $1.80 | +2.86% |
| 2022-06-29 | Dividend | $1.75 | -- |
| 2022-03-30 | Dividend | $1.75 | +16.67% |
| 2021-12-30 | Dividend | $1.50 | -- |
| 2021-09-29 | Dividend | $1.50 | +7.14% |
| 2021-06-29 | Dividend | $1.40 | +6.06% |
| 2021-03-30 | Dividend | $1.32 | +6.45% |
| 2020-12-30 | Dividend | $1.24 | +5.98% |
| 2020-09-29 | Dividend | $1.17 | +10.38% |
| 2020-06-29 | Dividend | $1.06 | +6.00% |
| 2020-03-30 | Dividend | $1.00 | -- |
| 2019-12-30 | Dividend | $1.00 | +28.21% |
| 2019-09-27 | Dividend | $0.78 | +30.00% |
| 2019-06-27 | Dividend | $0.60 | +33.33% |
| 2019-03-28 | Dividend | $0.45 | +28.57% |
| 2018-12-28 | Dividend | $0.35 | -- |
| 2018-09-27 | Dividend | $0.35 | +40.00% |
| 2018-06-28 | Dividend | $0.25 | -- |
| 2018-03-28 | Dividend | $0.25 | -- |
| 2017-12-28 | Dividend | $0.25 | +66.67% |
| 2017-09-28 | Dividend | $0.15 | -- |
| 2017-06-28 | Dividend | $0.15 | -- |
IIPR Dividends vs. Peers
IIPR's dividend yield currently ranks #5 of 26 vs. its peers in the REITs - Industrial category.
Looking for More Information on IIPR dividends?
Here are a few links from around the web to help you further your research on Innovative Industrial Properties Inc and its dividends:Innovative Industrial Properties Inc Common Stock (IIPR) Dividend History | Nasdaq
Dividend History for Innovative Industrial Properties Inc (IIPR) - Dividend Investor
Innovative Industrial Properties Inc (IIPR) Dividend History - Seeking Alpha