Innovative Industrial (IIPR)

Cannabis | Equity REIT

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 $55.63 with a dividend yield of about 13.66 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 8.0 times estimated 2026 funds from operations. Balance sheet leverage stands near 0.1 times debt to EBITDA. Within Hoya Capital's index sector framework the company is grouped under Land & Agriculture. The next scheduled ex-dividend date on file is 2026-09-30. It operates with an internal management structure. This profile includes fundamentals, dividend history, valuation metrics, and sector rankings from Hoya Capital's research database, refreshed on a regular schedule.

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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Company website: www.innovativeindustrialproperties.com