Innovative Industrial (IIPR)

Company Fundamentals

Hoya research data: Updated Nov 10, 2026, 3:00 AM ET

Alpha Vantage company information: Updated Nov 10, 2026, 2:00 AM ET

Innovative Industrial (IIPR) is tracked in the Hoya Capital REIT and real estate database, classified under Cannabis with a Equity REIT focus. The company came public in 2016. It is categorized as a Small-Cap name in the database. The company has an equity market capitalization of approximately $1.5 billion. Shares recently traded near $55.54 with a dividend yield of about 13.68 percent. The company pays dividends on a quarterly schedule with a forward annual dividend rate of $7.60 per share. Its FFO payout ratio is roughly 110 percent. The stock is priced at roughly 7.9 times estimated 2026 funds from operations. Balance sheet leverage stands near 2.8 times debt to EBITDA. The next scheduled ex-dividend date on file is 2026-12-31. Its management structure is listed as internal in the database. This profile includes fundamentals, dividend history and valuation data from Hoya Capital's research database. Figures reflect their source update dates where available and may change with subsequent research updates.

Innovative Industrial Properties, Inc. is a self-advising Maryland corporation focused on acquiring, owning, and managing specialty properties leased to experienced state-licensed operators for their regulated medical cannabis facilities.

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Dividend History

Annual dividends per share as recorded in the research database, in dollars. The table does not identify individual payment dates or distinguish completed-year totals from estimates. These historical database values are not a guarantee of future distributions.