SmarterDividends

AMT vs IIPR: Which Is the Better Dividend Stock?

As of September 2026, AMT and IIPR are closely matched. IIPR offers the higher yield at 13.67%, AMT has the higher dividend-safety score, and IIPR trades at the larger discount to fair value (+90%).

MetricAMTIIPR
Forward yield4.04%13.67%
Annual dividend$6.98$7.60
Payout ratio96%172%
Years of growth13 yr8 yr
5-yr dividend growth8.5%11.2%
5-yr total return-33%-76%
Dividend safety score72 (B)69 (B)
Fair value estimate$159.72$108.96
Upside to fair value-10%+90%
Frequencyquarterlyquarterly
Market cap$82.9B$1.6B
P/E ratio23.812.7

Higher yield

IIPR

13.67%

Safer dividend

AMT

Grade B

Faster growth

IIPR

11.2%

Better value

IIPR

+90% upside

AMT vs IIPR — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.