Innovative Industrial Properties Dividends and Buybacks
Dividend criteria checks 4/6
Innovative Industrial Properties is a dividend paying company with a current yield of 6.96% that is well covered by earnings.
Key information
7.0%
Dividend yield
-0.7%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 16.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €7.600 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1IK has been paying a dividend for less than 10 years.
Growing Dividend: 1IK's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Innovative Industrial Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1IK) | 7.0% |
| Market Bottom 25% (DE) | 0% |
| Market Top 25% (DE) | 0% |
| Industry Average (Industrial REITs) | 0% |
| Analyst forecast (1IK) (up to 3 years) | 7.0% |
Notable Dividend: 1IK's dividend (6.96%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: 1IK's dividend (6.96%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (90.9%), 1IK's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.7%), 1IK's dividend payments are covered by cash flows.