If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Innovative Industrial Properties Inc is 1.34, which seems too high.
Good Sign:
Innovative Industrial Properties Inc stock Dividend Yield % is close to 10-year high.
During the past 12 months, Innovative Industrial Properties's average Dividends Per Share Growth Rate was 4.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 20.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Innovative Industrial Properties was 101.10% per year. The lowest was 9.50% per year. And the median was 35.90% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Innovative Industrial Properties Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Innovative Industrial Properties Dividends per Share Chart
Competitive Comparison of Innovative Industrial Properties's Dividends per Share
For the REIT - Industrial subindustry, Innovative Industrial Properties's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Innovative Industrial Properties's Dividend Yield % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's Dividend Yield % falls into.
During the past 9 years, the highest Dividend Payout Ratio of Innovative Industrial Properties was 1.60. The lowest was 1.25. And the median was 1.34.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Innovative Industrial Properties Inc is 1.34, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Innovative Industrial Properties Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.900000
2025-03-31
2025-03-31
2025-04-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.900000
2024-12-31
2024-12-31
2025-01-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.900000
2024-09-30
2024-09-30
2024-10-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.900000
2024-06-28
2024-06-28
2024-07-15
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Innovative Industrial Properties's Dividend Yield (%) for Today is calculated as
Current Share Price is $52.75.
Innovative Industrial Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.6.
During the past 9 years, the highest Dividend Yield of Innovative Industrial Properties was 15.24%. The lowest was 0.82%. And the median was 3.07%.
Good Sign:
Innovative Industrial Properties Inc stock Dividend Yield % is close to 10-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Innovative Industrial Properties Dividends per Share Related Terms
Thank you for viewing the detailed overview of Innovative Industrial Properties's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Industrial Properties Business Description
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
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