Innovative Industrial Properties Declares Q4 2025 Dividend of $1.90 per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
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Source: Newsfilter
- Dividend Declaration: Innovative Industrial Properties' board has declared a Q4 2025 dividend of $1.90 per common share, translating to an annualized dividend of $7.60, which underscores the company's ongoing profitability and commitment to shareholder returns.
- Historical Payouts: Since its inception in 2016, the company has distributed a total of $1.1 billion in common stock dividends to shareholders, reflecting its stability and attractiveness in the real estate investment trust (REIT) sector.
- Preferred Stock Dividend: Additionally, the company announced a regular quarterly dividend of $0.5625 per share on its 9.00% Series A Cumulative Redeemable Preferred Stock, enhancing its capital structure appeal.
- Payment Schedule: All dividends are set to be paid on January 15, 2026, to stockholders of record as of December 31, 2025, ensuring stable cash flow for shareholders and bolstering investor confidence.
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Analyst Views on IIPR
Wall Street analysts forecast IIPR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IIPR is 61.33 USD with a low forecast of 44.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
2 Hold
1 Sell
Hold
Current: 47.860
Low
44.00
Averages
61.33
High
90.00
Current: 47.860
Low
44.00
Averages
61.33
High
90.00
About IIPR
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately 109 properties comprising an aggregate of 9.0 million rentable square feet (including 666,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiary is IIP Operating Partnership, LP (Operating Partnership).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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