SmarterDividends
IIPR

IIPR Dividend History

Innovative Industrial Properties, Inc. · every payment since 2017

As of Oct 14, 2026, Innovative Industrial Properties, Inc. (IIPR) has paid 38 dividends since 2017. The most recent was $1.9000 per share (ex-date Sep 30, 2026, paid Oct 15, 2026). Over the last 12 months IIPR paid $7.6000 across 4 payments, a trailing yield of 14.74%. The average of the last 2 regular payments is +72.5% versus the 2 before.

Latest dividend

$1.9000

Last ex-date

Sep 30, 2026

Paid, last 12 months

$7.60

Trailing yield

14.74%

Frequency

Quarterly

Growth streak

8 yrs

Key facts: IIPR dividend history

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, SmarterDividends has 38 dividend payments on record for Innovative Industrial Properties, Inc. (IIPR), going back to 2017.
  • IIPR's most recent dividend was $1.90 per share, with an ex-dividend date of Sep 30, 2026 and a pay date of Oct 15, 2026.
  • In the 12 months to Oct 14, 2026, IIPR paid $7.60 per share in dividends across 4 payments, a trailing yield of 14.74%.
  • IIPR's most recent dividend increase took effect with the Sep 27, 2019 ex-date, a 30.0% rise to $0.78 per share.
  • No reduction in IIPR's regular dividend appears in the 38 payments on record since 2017.
  • IIPR paid $7.60 per share in dividends in calendar year 2025, up 1.1% from 2024.
Cite this page

SmarterDividends, "IIPR Dividend History: Every Payment, Dates & Yield," updated Oct 14, 2026, https://smarterdividends.com/stocks/IIPR/dividend-history

Dividends versus price, last 12 months

Paid out

14.18%

of price a year ago

Price change

-3.8%

$53.58 → $51.55

Approx. total return

+10.4%

before taxes

Total return adds dividends received to the price change; it ignores reinvestment and taxes.

IIPR dividends per year

Total paid per share by calendar year

Recent dividend amounts

Last 10 regular payments, per share

IIPR dividend history by year

YearPaymentsTotal per shareChange
2026year to date3$5.7000—
20254$7.6000+1.1%
20244$7.5200+4.2%
20234$7.2200+1.7%
20224$7.1000+24.1%
20214$5.7200+28.0%
20204$4.4700+58.0%
20194$2.8300+135.8%
20184$1.2000+118.2%
20173timing$0.5500—

Every IIPR dividend

5 raises · 0 cuts · 28 specials
Ex-dividend datePay dateAmountChangeType
Sep 30, 2026Oct 15, 2026$1.9000—Special
Jun 30, 2026Jul 15, 2026$1.9000—Special
Mar 31, 2026Apr 15, 2026$1.9000—Special
Dec 31, 2025Jan 15, 2026$1.9000—Special
Sep 30, 2025Oct 15, 2025$1.9000—Special
Jun 30, 2025Jul 15, 2025$1.9000—Special
Mar 31, 2025Apr 15, 2025$1.9000—Special
Dec 31, 2024Jan 15, 2025$1.9000—Special
Sep 30, 2024Oct 15, 2024$1.9000—Special
Jun 28, 2024Jul 15, 2024$1.9000—Special
Mar 27, 2024Apr 15, 2024$1.8200—Special
Dec 28, 2023Jan 12, 2024$1.8200—Special
Sep 28, 2023Oct 13, 2023$1.8000—Special
Jun 29, 2023Jul 14, 2023$1.8000—Special
Mar 30, 2023Apr 14, 2023$1.8000—Special
Dec 29, 2022Jan 13, 2023$1.8000—Special
Sep 29, 2022Oct 14, 2022$1.8000—Special
Jun 29, 2022Jul 15, 2022$1.7500—Special
Mar 30, 2022Apr 14, 2022$1.7500—Special
Dec 30, 2021Jan 14, 2022$1.5000—Special
Sep 29, 2021Oct 15, 2021$1.5000—Special
Jun 29, 2021Jul 15, 2021$1.4000—Special
Mar 30, 2021Apr 15, 2021$1.3200—Special
Dec 30, 2020Jan 15, 2021$1.2400—Special
Sep 29, 2020Oct 15, 2020$1.1700—Special
Jun 29, 2020Jul 15, 2020$1.0600—Special
Mar 30, 2020Apr 15, 2020$1.0000—Special
Dec 30, 2019Jan 15, 2020$1.0000—Special
Sep 27, 2019Oct 15, 2019$0.7800+30.0%Raise
Jun 27, 2019Jul 15, 2019$0.6000+33.3%Raise
Mar 28, 2019Apr 15, 2019$0.4500+28.6%Raise
Dec 28, 2018Jan 15, 2019$0.3500+0.0%Unchanged
Sep 27, 2018Oct 15, 2018$0.3500+40.0%Raise
Jun 28, 2018Jul 16, 2018$0.2500+0.0%Unchanged
Mar 28, 2018Apr 16, 2018$0.2500+0.0%Unchanged
Dec 28, 2017Jan 16, 2018$0.2500+66.7%Raise
Sep 28, 2017Oct 13, 2017$0.1500+0.0%Unchanged
Jun 28, 2017Jul 14, 2017$0.1500—First

IIPR dividend history — FAQ

How much is IIPR's dividend?

As of Oct 14, 2026, IIPR's most recent dividend was $1.9000 per share, with an ex-dividend date of Sep 30, 2026 and a pay date of Oct 15, 2026. Over the last 12 months it paid $7.6000 per share across 4 payments, a trailing yield of 14.74%.

How often does IIPR pay a dividend?

Innovative Industrial Properties, Inc. pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.

When is IIPR's next dividend?

IIPR's next ex-dividend date has not been announced yet. Based on its quarterly schedule, the next payment follows the pattern in the table above.

Has IIPR ever cut its dividend?

No regular-payment reduction appears in the 38 payments on record since 2017.

How much did IIPR pay in dividends in 2025?

IIPR paid $7.6000 per share across 4 payments in 2025, up 1.1% from 2024.

What was IIPR's total return including dividends over the last year?

Over the 12 months to Oct 14, 2026, IIPR paid $7.6000 per share, 14.18% of its price a year earlier, while its price moved -3.8%. That is an approximate total return of +10.4% before taxes and reinvestment.

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Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to IIPR