Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock - Dividend Yieldverified

IIPR-PA

Price:

$25.15

Market Cap:

$1.69B

Innovative Industrial Properties, Inc. is a Maryland-incorporated entity that independently oversees its operations. It concentrates on acquiring, holding, and overseeing niche real estate assets, which are subsequently leased to seasoned, state-approved operators for their regulated medical cannabis facilities. The company also chose to be taxed as a real estate investment trust, a status that began with the fiscal year concluding December 31, 2017.

Industry

REIT - Industrial

IPO Date

2017-10-24

Stock Exchange

NYSE

Ticker

IIPR-PA

The Dividend Yield as of August 2026 (TTM) for Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) is 13.01%

According to Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock’s latest financial reports and current stock price. The company's current Dividend Yield is 13.01%. This represents a change of 187.31% compared to the average of 4.53% of the last 4 quarters.

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) Historical Dividend Yield (quarterly & annually)

How has IIPR-PA Dividend Yield performed in the past?

The mean historical Dividend Yield of Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock over the last ten years is 5.25%. The current 13.01% Dividend Yield has changed 147.83% with respect to the historical average. Over the past ten years (40 quarters), IIPR-PA's Dividend Yield was at its highest in in the June 2026 quarter at 6.40%. The Dividend Yield was at its lowest in in the September 2016 quarter at 0%.

Quarterly (TTM)
Annual

Average

5.25%

Median

2.73%

Minimum

0%

Maximum

16.55%

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 16.55%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
202516.55%45.79%
202411.35%56.92%
20237.23%8.20%
20226.69%217.57%
20212.11%-2.41%
20202.16%-27.89%
20192.99%21.49%
20182.46%155.75%
20170.96%Infinity%
20160%0%

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) Average Dividend Yield

How has IIPR-PA Dividend Yield performed in the past?

The current Dividend Yield of Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

11.71%

5-year avg

8.79%

10-year avg

5.25%

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) Dividend Yield vs. Peers

How is IIPR-PA’s Dividend Yield compared to its peers?

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock’s Dividend Yield is less than EPR Properties (5.91%), less than Dynex Capital, Inc. (15.88%), less than ARMOUR Residential REIT, Inc. (17.32%), less than LTC Properties, Inc. (5.89%), less than Getty Realty Corp. (5.74%), less than DiamondRock Hospitality Company (3.17%), less than KKR Real Estate Finance Trust Inc. (11.77%), less than Ellington Financial Inc. (11.78%), greater than Paramount Group, Inc. (0%), less than Plymouth Industrial REIT, Inc. (1.09%),

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How does the current Dividend Yield for Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA) compare to its historical average?