Innovative Industrial Properties, Inc. IIPR | NYSE

$58.22 $0.18 | 0.31%

After Hours
$58.21 -$0.01 | -0.02%

Next Earnings: Aug 04, 2025

Company Overview:

Market Cap: $1.63B
PE Ratio: 11.22
52-Week Range: $45.44 - $138.35
Dividend Yield (FWD): 13.05% ($7.60)

8.6 Year IIPR Performance Metrics:

Total Return (with DRIP): 364.4% (19.55% CAGR)
Total Return (no DRIP): 405.1% (20.72% CAGR)
Share Price: 204.0% (13.80% CAGR)
Dividend Increase: 1,167% (37.34% CAGR)
IIPR 8.6-yr Total Return ($10K invested)
1Y 2Y 5Y 10Y All

IIPR Dividend Payments, Yield & Share Price charts

Dividend Payments & Yield
IIPR Dividend CAGR:1Y: 0.00%2Y: 2.74%5Y: 10.18%10Y: N/A
Share Price
IIPR Price CAGR:1Y: -47.03%2Y: -9.18%5Y: -9.56%10Y: 11.76%

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IIPR Dividend Safety: Payout & Dividend to Free Cash Flow Ratios.

Dividend Payout Ratio - IIPR
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Dividend to Free Cash Flow Ratio - IIPR
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IIPR Earnings, Revenue, Cash & Debt, Shares Outstaning:

IIPR - Revenue
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IIPR Revenue CAGR:1Y: -4.95%2Y: -2.90%5Y: 27.69%10Y: 0.00%
IIPR - Earnings Per Share (EPS)
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IIPR EPS CAGR:1Y: -24.26%2Y: -15.13%5Y: 7.42%10Y: 0.00%
IIPR - Net Income
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IIPR Net Income CAGR:1Y: -21.18%2Y: -13.04%5Y: 22.17%10Y: 0.00%
IIPR - EBITDA
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IIPR EBITDA CAGR:1Y: -8.81%2Y: -6.93%5Y: 23.71%10Y: 0.00%
IIPR - Free Cash Flow
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IIPR Free Cash Flow CAGR:1Y: -1.29%2Y: 536.16%5Y: 22.62%10Y: 0.00%
IIPR - Free Cash Flow / Share
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IIPR Free Cash Flow / Share CAGR:1Y: -1.74%2Y: 532.66%5Y: 9.12%10Y: 0.00%
IIPR - Operating Income
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IIPR Operating Income CAGR:1Y: -19.20%2Y: -11.49%5Y: 22.57%10Y: 0.00%
IIPR - Gross Profit
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IIPR Gross Profit CAGR:1Y: 24.71%2Y: -4.43%5Y: 25.67%10Y: 0.00%
IIPR - Shares Outstanding
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IIPR Shares Outstanding CAGR:1Y: 0.44%2Y: 0.64%5Y: 12.45%10Y: 0.00%
IIPR - Share Buybacks
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IIPR Share Buybacks CAGR:1Y: 0.00%2Y: -28.55%5Y: -33.11%10Y: 0.00%
IIPR - Stock-Based Comp
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IIPR Stock-Based Comp CAGR:1Y: -51.84%2Y: -34.40%5Y: 20.29%10Y: 0.00%
IIPR - Expenses
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IIPR Expenses CAGR:1Y: -100.00%2Y: -100.00%5Y: 0.00%10Y: 0.00%
IIPR - Revenue vs Net Income
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IIPR - EPS vs FCF / Share
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IIPR - EPS vs PE Ratio
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IIPR - FCF vs FCF / Share
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IIPR - FCF vs Stock Based Comp
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IIPR - Cash & Debt
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IIPR - Dividends
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IIPR Dividend CAGR:1Y: 0.00%2Y: 2.74%5Y: 10.18%10Y: N/A
IIPR - Revenue by Region
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IIPR Revenue CAGR:1Y: -4.95%2Y: -2.90%5Y: 27.69%10Y: 0.00%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

IIPR - REVENUE: Actual + Estimates
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IIPR Actual Revenue CAGR:1Y: -4.95%2Y: -2.90%5Y: 27.69%10Y: 0.00%
IIPR - EPS: Actual + Estimates
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IIPR Actual EPS CAGR:1Y: -24.26%2Y: -15.13%5Y: 7.42%10Y: 0.00%
IIPR - NET INCOME: Actual + Estimates
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IIPR Actual Net Income CAGR:1Y: -21.18%2Y: -13.04%5Y: 22.17%10Y: 0.00%
IIPR - EBITDA: Actual + Estimates
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IIPR Actual EBITDA CAGR:1Y: -8.81%2Y: -6.93%5Y: 23.71%10Y: 0.00%

Ratios, Profit Margins & Return on Capital:

IIPR - Net Profit Margin
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IIPR Net Profit Margin CAGR:1Y: -17.07%2Y: -10.44%5Y: -4.32%10Y: 0.00%
IIPR - Gross Profit Margin
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IIPR Gross Profit Margin CAGR:1Y: 31.19%2Y: -1.58%5Y: -1.58%10Y: 0.00%
IIPR - Price to Earnings
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IIPR - Price To Sales Ratio
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IIPR - Return on Capital Employed
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IIPR - Return on Invested Capital
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IIPR Dividends Info:

Annual Dividend: $7.6
Forward Yield: 13.05%
Ex-Dividend Date: 2025-06-30
Lifetime Dividends / Share: $42.31

IIPR Dividend History: Dates, Payments & Yield list

Below is a schedule of all IIPR dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
06/30/202507/15/2025$1.90013.05%0%$0.00
03/31/202504/15/2025$1.90014.05%15.06%$50.48
12/31/202401/15/2025$1.90011.28%11.49%$66.15
09/30/202410/15/2024$1.9005.53%5.68%$133.78
06/28/202407/15/2024$1.9006.72%6.41%$118.63
06/27/202407/15/2024$1.9006.67%6.41%$118.63
03/27/202404/15/2024$1.8206.94%7.53%$96.72
12/28/202301/12/2024$1.8207.02%7.81%$93.21
09/28/202310/13/2023$1.8009.82%9.54%$75.48
06/29/202307/14/2023$1.8009.69%9.5%$75.75
03/30/202304/14/2023$1.8009.59%10.18%$70.74
12/29/202201/13/2023$1.8006.98%6.43%$111.94
09/29/202210/14/2022$1.8007.72%7.99%$90.12
06/29/202207/15/2022$1.7505.87%7.31%$95.70
03/30/202204/14/2022$1.7503%4.13%$169.68
12/30/202101/14/2022$1.5002.19%2.86%$209.88
09/29/202110/15/2021$1.5002.36%2.51%$239.05
06/29/202107/15/2021$1.4002.64%2.75%$203.93
03/30/202104/15/2021$1.3202.71%2.88%$183.54
12/30/202001/15/2021$1.2402.43%2.62%$189.30
09/29/202010/15/2020$1.1703.39%3.57%$131.25
06/29/202007/15/2020$1.0604.25%4.54%$93.44
03/30/202004/15/2020$1.0004.22%5.62%$71.22
12/30/201901/15/2020$1.0003.85%4.84%$82.72
09/27/201910/15/2019$0.7802.28%3.99%$78.21
06/27/201907/15/2019$0.6001.46%1.88%$127.42
03/28/201904/15/2019$0.4501.65%2.16%$83.35
12/28/201801/15/2019$0.3502.61%2.64%$53.12
09/27/201810/15/2018$0.3502.36%3.26%$42.99
06/28/201807/16/2018$0.2502.55%3.06%$32.72
03/28/201804/16/2018$0.2503.04%3.01%$33.23
12/28/201701/16/2018$0.2501.92%2.96%$33.79
09/28/201710/13/2017$0.1501.63%3.11%$19.32
06/28/201707/14/2017$0.1500.89%3.66%$16.40

Projected Future Returns & Dividends for IIPR

Based on past 8.6-year performance, here are IIPR growth metrics:

Share price CAGR of +13.8%
Dividend CAGR of +37.34%

Using IIPR CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

IIPR (DRIP)IIPR - No DRIP
Current Price$58.22$58.22
Start Shares171.76171.76
Start Value$10,000$10,000
  
After 10 years:
Final Share Count4,770.84171.76
Dividends Payment$45.35$45.35
Annual Dividends$865,495$31,160
Yield on cost8,654.95%311.60%
Share Price$186.40$186.40
Total Dividends$752,627$79,961
Final Value$889,264$111,977

Estimated Future Value + Dividends - IIPR

NOTE: Above numbers are our estimate based on IIPR's Dividend and Price CAGR over past 8.6 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

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Company Info

Innovative Industrial Properties, Inc. (IIPR) had its IPO on 2016-12-01, and is trader on NYSE stock exchange.

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

IIPR website: https://www.innovativeindustrialproperties.com


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