Innovative Industrial Properties Dividend
Dividend criteria checks 4/6
Innovative Industrial Properties is a dividend paying company with a current yield of 6.72% that is well covered by earnings.
Key information
6.7%
Dividend yield
88%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$5.75 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IIPR.PRA has been paying a dividend for less than 10 years.
Growing Dividend: IIPR.PRA'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 |
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Segment | Dividend Yield |
---|---|
Company (IIPR.PRA) | 6.7% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Industrial REITs) | 3.8% |
Analyst forecast in 3 Years (IIPR.PRA) | 6.8% |
Notable Dividend: IIPR.PRA's dividend (6.72%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: IIPR.PRA's dividend (6.72%) is in the top 25% of dividend payers in the US market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), IIPR.PRA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.7%), IIPR.PRA's dividend payments are covered by cash flows.