Innovative Industrial Properties Dividend
What is Innovative Industrial Properties's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend 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 |
|---|
| Segment | Dividend 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.