SmarterDividends
ILPT

Industrial Logistics Properties Trust

ILPT

Real Estate · Stock · quarterly payer

Forward Yield

2.26%

Annual Dividend

$0.20

Payout Ratio

92%

5-Yr Growth

-38.1%

Ex-Date

Apr 21, 2026

Frequency

Quarterly

ILPT Dividend Safety Score

51/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage92% of earnings paid out
Balance-sheet strengthDebt/equity of 4.75
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ILPT a good dividend stock?

Mixed

Industrial Logistics Properties Trust (ILPT) pays a quarterly dividend yielding 2.26% ($0.20/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (92%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    2.26%
    Payout Ratio
    92%
    Annual Dividend
    $0.20
    5-Yr Avg Growth
    -38.1%
    Ex-Dividend Date
    Apr 21, 2026
    Years of Growth
    2
    Frequency
    quarterly
    Beta
    2.51
    Market Cap
    $589.3M
    P/E Ratio
    5-Yr Total Return
    -66%
    52-Week Range
    $3.24 – $9.15
    Dividend Safety
    C · 51/100
    Ever Cut?
    Yes (2022)
    ILPT ex-dividend date & scheduleNext ex-date Apr 21, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.20 / yr per share

    Per payment (quarterly)$5.00
    Annual$20.00
    Monthly avg$1.67