Innovative Industrial Properties, Inc. (IIPR) Dividends

Innovative Industrial Properties, Inc. (IIPR): $182.25

1.45 (+0.80%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • IIPR's trailing 12 month dividends has averaged an annual growth rate of 43.91%.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 5.56 -- higher than 93.33% of other dividend issuers in the US.
  • Free cash flow for IIPR has a compound average growth rate of 51.38%, which is higher than 88.99% of stocks in our dividend set.
  • As for stocks whose price is uncorrelated with IIPR's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CHCT, MAS, WING, DGICA and GTY.
IIPR Ex-Dividend Date
IIPR Dividend Yield
2.92%
IIPR Annual Dividend
$5.28
IIPR Payout Ratio

IIPR Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$182.25$77.66 -49.31%

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 DDM model, as implemented by StockNews, implies a negative return of 49.31% relative to its current price. Digging deeper, the aspects of Innovative Industrial Properties Inc's dividend discount model that we found most interesting were:

  • In comparison to other US listed dividend yielding stocks in the Real Estate sector, the expected return of -49.31%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 10% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, Innovative Industrial Properties Inc bears a discount rate, according to our calculations, lower than only 10% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Innovative Industrial Properties Inc, its beta is lower than only 20.88% of dividend issuing stocks we observed.

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


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