Is Innovative Industrial Properties, Inc. a good investment? Innovative Industrial Properties, Inc. (IIPR-PA) is currently trading at 24.98 USD.
In terms of valuation, the stock trades at a P/E ratio of 5.16. This relatively low multiple may signal that Innovative Industrial Properties, Inc. is undervalued compared to historical market norms.
Earnings Schedule: Innovative Industrial Properties, Inc. is expected to release its next earnings report on Nov. 4, 2026.
For income investors, Innovative Industrial Properties, Inc. pays a dividend yield of 13.66%. With a payout ratio of 161%, the dividend appears to be under pressure.
Yes, it pays an annual dividend of 105.88 USD (13.66% yield).
Innovative Industrial Properties, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be Nov. 4, 2026. The company currently has a trailing EPS of 4.83.
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry. As of June 30, 2026, we owned 108 properties comprising an aggregate of approximately 8.4 million rentable square feet in 19 states. Innovative Industrial Properties, Inc. was established on June 15th 2016 and is incorporated in Maryland.
| Year | Total Dividends |
|---|---|
| ▸2027 |
1.69 USD
|
| July 15, 2027 (estimated) | 0.5625 |
| April 15, 2027 (estimated) | 0.5625 |
| Jan. 15, 2027 (estimated) | 0.5625 |
| ▸2026 |
2.25 USD
|
| Oct. 15, 2026 | 0.5625 |
| July 15, 2026 | 0.5625 |
| April 15, 2026 | 0.5625 |
| Jan. 15, 2026 | 0.5625 |
| ▸2025 |
2.25 USD
|
| Oct. 15, 2025 | 0.5625 |
| July 15, 2025 | 0.5625 |
| April 15, 2025 | 0.5625 |
| Jan. 15, 2025 | 0.5625 |
| ▸2024 |
2.25 USD
|
| Oct. 15, 2024 | 0.5625 |
| July 15, 2024 | 0.5625 |
| April 15, 2024 | 0.5625 |
| Jan. 12, 2024 | 0.5625 |
| ▸2023 |
2.25 USD
|
| Oct. 13, 2023 | 0.5625 |
| July 14, 2023 | 0.5625 |
| April 14, 2023 | 0.5625 |
| Jan. 13, 2023 | 0.5625 |
| ▸2022 |
2.25 USD
|
| Oct. 14, 2022 | 0.5625 |
| July 15, 2022 | 0.5625 |
| April 14, 2022 | 0.5625 |
| Jan. 14, 2022 | 0.5625 |
| ▸2021 |
2.25 USD
|
| Oct. 15, 2021 | 0.5625 |
| July 15, 2021 | 0.5625 |
| April 15, 2021 | 0.5625 |
| Jan. 15, 2021 | 0.5625 |
| ▸2020 |
2.25 USD
|
| Oct. 15, 2020 | 0.5625 |
| July 15, 2020 | 0.5625 |
| April 15, 2020 | 0.5625 |
| Jan. 15, 2020 | 0.5625 |
| ▸2019 |
2.25 USD
|
| Oct. 15, 2019 | 0.5625 |
| July 15, 2019 | 0.5625 |
| April 15, 2019 | 0.5625 |
| Jan. 15, 2019 | 0.5625 |
| ▸2018 |
2.23 USD
|
| Oct. 15, 2018 | 0.5625 |
| July 16, 2018 | 0.5625 |
| April 16, 2018 | 0.5625 |
| Jan. 16, 2018 | 0.5375 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Innovative Industrial Properties, Inc. | Oct 15, 2026 | Upcoming | 0.5625 USD |
| Innovative Industrial Properties, Inc. | Jul 15, 2026 | Paid | 0.5625 USD |
| Innovative Industrial Properties, Inc. | Apr 15, 2026 | Paid | 0.5625 USD |
| Innovative Industrial Properties, Inc. | Jan 15, 2026 | Paid | 0.5625 USD |
| Innovative Industrial Properties, Inc. | Oct 15, 2025 | Paid | 0.5625 USD |
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