Innovative Industrial Properties

NYSE:IIPR Stock Report

Mkt Cap: US$2.6b

Innovative Industrial Properties Dividend

What is Innovative Industrial Properties's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.90%

Current Dividend Yield

Dividend Yield vs Market

Innovative Industrial Properties Dividend Yield vs Market
How does IIPR dividend yield compare to the market?
SegmentDividend Yield
Company (IIPR)7.9%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.6%
Industry Average (REITs)4.0%
Analyst forecast in 3 Years (IIPR)8.2%

Notable Dividend: IIPR's dividend (7.9%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: IIPR's dividend (7.9%) is in the top 25% of dividend payers in the US market (4.75%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, IIPR has been paying a dividend for less than 10 years.

Growing Dividend: IIPR's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (84%), IIPR's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (91%), IIPR's dividend payments are covered by cash flows.


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