Innovative Industrial Properties, Inc. (NYSE:IIPR) to Issue Quarterly Dividend of $1.90

2026-03-15 12:43:52

Innovative Industrial Properties, Inc. (NYSE:IIPR) announced a quarterly dividend of $1.90 per share, to be paid on April 15th to shareholders of record on March 31st. This equates to an annualized dividend of $7.60 with a yield of approximately 14.4%. While the current payout ratio of 176.7% suggests the company is using its balance sheet to fund dividends, analysts project a future payout ratio of around 86.0% based on next year’s EPS estimates.

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