IIPR Dividend Calculator
Innovative Industrial Properties, Inc. Common stock (IIPR) currently yields 12.29% and paid $7.60 per share in dividends over the last 12 months, distributed quarterly, with 5 consecutive years of maintained or increased payouts. Data updated 2026-07-07.
Last Close
$61.86
Dividend Yield
12.29%
12-Mo Dividend / Share
$7.60
5-Yr Div Growth / Yr
+8.2%
Raise Streak
5 yrs
Next Ex-Date
TBD
Project Future Income from IIPR
Portfolio Value
$241,506
Year 10
Monthly Dividends
$2,642
Year 10
Total Invested
$70,000
Year 10
Portfolio Value & Annual Dividends — IIPR
Projected Income from IIPR
| Year | Invested | Annual Div. | Monthly | Shares | Value |
|---|---|---|---|---|---|
| 1 | $16,000 | $1,966 | $164 | 290.4 | $17,966 |
| 2 | $22,000 | $3,143 | $262 | 430.2 | $28,139 |
| 3 | $28,000 | $4,600 | $383 | 583.4 | $40,354 |
| 4 | $34,000 | $6,407 | $534 | 753.1 | $55,077 |
| 5 | $40,000 | $8,653 | $721 | 942.6 | $72,891 |
| 6 | $46,000 | $11,450 | $954 | 1156.0 | $94,526 |
| 7 | $52,000 | $14,943 | $1,245 | 1398.2 | $120,894 |
| 8 | $58,000 | $19,315 | $1,610 | 1675.0 | $153,148 |
| 9 | $64,000 | $24,800 | $2,067 | 1993.6 | $192,739 |
| 10 | $70,000 | $31,703 | $2,642 | 2362.5 | $241,506 |
IIPR Dividend Per Share by Year
IIPR Dividend Payment History
Updated 2026-07-07
| Ex-Dividend Date | Pay Date | Amount / Share |
|---|---|---|
| 2026-06-30 | 2026-07-15 | $1.90 |
| 2026-03-31 | 2026-04-15 | $1.90 |
| 2025-12-31 | 2026-01-15 | $1.90 |
| 2025-09-30 | 2025-10-15 | $1.90 |
| 2025-06-30 | 2025-07-15 | $1.90 |
| 2025-03-31 | 2025-04-15 | $1.90 |
| 2024-12-31 | 2025-01-15 | $1.90 |
| 2024-09-30 | 2024-10-15 | $1.90 |
| 2024-06-28 | 2024-07-15 | $1.90 |
| 2024-03-27 | 2024-04-15 | $1.82 |
| 2023-12-28 | 2024-01-12 | $1.82 |
| 2023-09-28 | 2023-10-13 | $1.80 |
| 2023-06-29 | 2023-07-14 | $1.80 |
| 2023-03-30 | 2023-04-14 | $1.80 |
| 2022-12-29 | 2023-01-13 | $1.80 |
| 2022-09-29 | 2022-10-14 | $1.80 |
| 2022-06-29 | 2022-07-15 | $1.75 |
| 2022-03-30 | 2022-04-14 | $1.75 |
| 2021-12-30 | 2022-01-14 | $1.50 |
| 2021-09-29 | 2021-10-15 | $1.50 |
| 2021-06-29 | 2021-07-15 | $1.40 |
| 2021-03-30 | 2021-04-15 | $1.32 |
| 2020-12-30 | 2021-01-15 | $1.24 |
| 2020-09-29 | 2020-10-15 | $1.17 |
IIPR Dividend FAQ
How much does IIPR pay in dividends per share?
Innovative Industrial Properties, Inc. Common stock paid $7.60 per share over the trailing 12 months on a quarterly schedule. Dividend amounts can change with each declaration — the full payment history is listed below.
How often does IIPR pay dividends?
IIPR pays dividends quarterly. Every historical ex-dividend date and amount is in the table below.
What is IIPR's dividend yield?
At the last close of $61.86, IIPR yields approximately 12.29% (trailing 12-month dividends divided by price). Yield moves inversely with price.
What is IIPR's dividend growth rate?
IIPR's dividend per share has compounded at 8.2% per year over the last 5 years (1.8% over 3 years). Past growth does not guarantee future increases.
How much IIPR do I need for $100 a month in dividends?
At the trailing payout of $7.60 per share per year, roughly 158 shares — about $9,773.88 at the current price. Use the calculator above to model your own target.
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