IIPR Dividend History & Yield Analysis

IIPR has 37 recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
13.62%
Forward yield
13.62%
Dividend per share (TTM)
$7.60
Annualized rate
$7.60
Payout frequency
Quarterly
Last payment
$1.90
5-year dividend CAGR
11.20%
Consecutive growth years
8

Yields calculated against a market price of $55.80.

Annual Dividend History

  • 2026$3.80
  • 2025$7.60
  • 2024$7.52
  • 2023$7.22
  • 2022$7.10
  • 2021$5.72
  • 2020$4.47
  • 2019$2.83
  • 2018$1.20
  • 2017$0.5500

IIPR Payout History & Ex-Dividend Dates

IIPR dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-30$1.90
2026-03-012026-03-31$1.90
2025-12-012025-12-31$1.90
2025-09-012025-09-30$1.90
2025-06-012025-06-30$1.90
2025-03-012025-03-31$1.90
2024-12-012024-12-31$1.90
2024-09-012024-09-30$1.90
2024-06-012024-06-28$1.90
2024-03-012024-03-27$1.82
2023-12-012023-12-28$1.82
2023-09-012023-09-28$1.80
2023-06-012023-06-29$1.80
2023-03-012023-03-30$1.80
2022-12-012022-12-29$1.80
2022-09-012022-09-29$1.80
2022-06-012022-06-29$1.75
2022-03-012022-03-30$1.75
2021-12-012021-12-30$1.50
2021-09-012021-09-29$1.50
2021-06-012021-06-29$1.40
2021-03-012021-03-30$1.32
2020-12-012020-12-30$1.24
2020-09-012020-09-29$1.17
2020-06-012020-06-29$1.06
2020-03-012020-03-30$1.00
2019-12-012019-12-30$1.00
2019-09-012019-09-27$0.7800
2019-06-012019-06-27$0.6000
2019-03-012019-03-28$0.4500
2018-12-012018-12-28$0.3500
2018-09-012018-09-27$0.3500
2018-06-012018-06-28$0.2500
2018-03-012018-03-28$0.2500
2017-12-012017-12-28$0.2500
2017-09-012017-09-28$0.1500
2017-06-012017-06-28$0.1500

Does IIPR pay dividends?

Yes. IIPR pays on a quarterly schedule, most recently $1.90 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the IIPR yield is calculated

The trailing yield divides the last twelve months of dividends per share ($7.60) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the IIPR DCF fair value page for the cash flow behind it.