Innovative Industrial Propertie (IIPR) Dividend History
DivTrkr holds 38 recorded IIPR dividend payments, running from June 28, 2017 to September 30, 2026 — 10 calendar years. Together those payments total $49.91 per share. IIPR has most often paid quarterly.
IIPR's payment rate did not increase in the most recent complete year, so its growth streak currently stands at zero.
Over the last five complete years the IIPR payment rate compounded at +11.2% a year. That is what the payments actually did; it is not a forecast.
Across 10 years of recorded history, IIPR's payment rate has never fallen materially from one complete year to the next.
IIPR dividends by year
| Year | Total paid per share | Payments | Median payment | Growth |
|---|---|---|---|---|
| 2025 | $7.60 | 4 | $1.90 | +0.0% |
| 2024 | $7.52 | 4 | $1.90 | +5.6% |
| 2023 | $7.22 | 4 | $1.80 | +1.4% |
| 2022 | $7.10 | 4 | $1.77 | +22.4% |
| 2021 | $5.72 | 4 | $1.45 | +30.0% |
| 2020 | $4.47 | 4 | $1.11 | +61.6% |
| 2019 | $2.83 | 4 | $0.690 | +130.0% |
| 2018 | $1.20 | 4 | $0.300 | — |
| 2017 | $0.550 | 3 (timing) | $0.150 | — |
How this growth is measured
Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.
Years marked “timing” booked a different number of payments than IIPR's usual cadence, so their total is not directly comparable with neighbouring years.
Recent IIPR dividend payments
| Ex-dividend date | Amount per share |
|---|---|
| September 30, 2026 | $1.90 |
| June 30, 2026 | $1.90 |
| March 31, 2026 | $1.90 |
| December 31, 2025 | $1.90 |
| September 30, 2025 | $1.90 |
| June 30, 2025 | $1.90 |
| March 31, 2025 | $1.90 |
| December 31, 2024 | $1.90 |
| September 30, 2024 | $1.90 |
| June 28, 2024 | $1.90 |
| March 27, 2024 | $1.82 |
| December 28, 2023 | $1.82 |
| September 28, 2023 | $1.80 |
| June 29, 2023 | $1.80 |
| March 30, 2023 | $1.80 |
| December 29, 2022 | $1.80 |
| September 29, 2022 | $1.80 |
| June 29, 2022 | $1.75 |
| March 30, 2022 | $1.75 |
| December 30, 2021 | $1.50 |
| September 29, 2021 | $1.50 |
| June 29, 2021 | $1.40 |
| March 30, 2021 | $1.32 |
| December 30, 2020 | $1.24 |
| September 29, 2020 | $1.17 |
| June 29, 2020 | $1.06 |
| March 30, 2020 | $1.00 |
| December 30, 2019 | $1.00 |
| September 27, 2019 | $0.780 |
| June 27, 2019 | $0.600 |
| March 28, 2019 | $0.450 |
| December 28, 2018 | $0.350 |
| September 27, 2018 | $0.350 |
| June 28, 2018 | $0.250 |
| March 28, 2018 | $0.250 |
| December 28, 2017 | $0.250 |
| September 28, 2017 | $0.150 |
| June 28, 2017 | $0.150 |
IIPR dividend history questions
How many dividends has IIPR paid?
DivTrkr has 38 recorded IIPR dividend payments between June 28, 2017 and September 30, 2026, totalling $49.91 per share across 10 calendar years.
Has IIPR ever cut its dividend?
Not in the history DivTrkr holds. Across 10 years of recorded payments the per-payment rate has never fallen by a material amount from one complete year to the next.
How fast is the IIPR dividend growing?
The IIPR payment rate compounded at +11.2% a year over the last five complete years.
How often does IIPR pay a dividend?
IIPR has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.
See the current IIPR dividend yield and next ex-dividend date, or track IIPR free with DivTrkr to see what this history pays on your own share count.