When will Innovative Industrial Properties Inc (IIPR) announce its next dividend?
Next announcement expected the week of December 14, 2026
MediumMed quality
Our predicted date is Monday, December 14. This is when we
expect Innovative Industrial Properties Inc to declare its next dividend, not when the stock goes
ex-dividend — we publish this estimate as early as about three months before the board is
expected to meet.
Innovative Industrial Properties Inc pays dividends quarterly. We hold 37 payments for it, going back to June 2017 — the full record is below, with what it has paid and when, and how far ahead of each ex-date it declares. We don't publish a predicted next ex-dividend date for IIPR. As soon as the company declares one it will appear at the top of this page; until then the record below is what we hold.
IIPR dividend at a glance
| Most recent payment | $1.90 per share, June 30, 2026 |
|---|---|
| Indicated annual dividend | $7.60 per share, at the current rate and cadence |
| Payment frequency | Quarterly |
| Change over the past year | Held at $1.90 |
| 5-year growth rate | 6.3% a year, compounded ($1.40 → $1.90) |
| Typical announcement lead | Declared about 14 days before the ex-date, across 38 announcements |
| Typical time to payment | Paid about 16 days after the ex-date |
| History on file | 37 payments since June 2017 |
Innovative Industrial Properties Inc's dividend schedule
Innovative Industrial Properties Inc has paid quarterly across the 9 years of records we hold, with the most recent ex-date on June 30, 2026. Its ex-dates usually land in the last third of the month.
Across the 38 announcements we have on file, IIPR declares a dividend a median of 14 days before the shares go ex. That is roughly how much notice IIPR gives you before each ex-date, once its board declares. The cash then arrives about 16 days after the ex-date.
IIPR dividend history
The last 16 payments on record, of 37 going back to June 2017.
| Ex-date | Amount |
|---|---|
| Jun 30, 2026 | $1.90 |
| Mar 31, 2026 | $1.90 |
| Dec 31, 2025 | $1.90 |
| Sep 30, 2025 | $1.90 |
| Jun 30, 2025 | $1.90 |
| Mar 31, 2025 | $1.90 |
| Dec 31, 2024 | $1.90 |
| Sep 30, 2024 | $1.90 |
| Jun 28, 2024 | $1.90 |
| Mar 27, 2024 | $1.82 |
| Dec 28, 2023 | $1.82 |
| Sep 28, 2023 | $1.80 |
| Jun 29, 2023 | $1.80 |
| Mar 30, 2023 | $1.80 |
| Dec 29, 2022 | $1.80 |
| Sep 29, 2022 | $1.80 |
Amounts are per share as reported on each ex-date, and are not restated for later share splits — a split shows up here as a step down in the per-share amount. Shown for schedule context, not as a yield.
Frequently asked questions
- When will IIPR announce its next dividend?
- We expect Innovative Industrial Properties Inc to declare its next dividend around December 14, 2026 (the week of December 14, 2026), a medium-quality forecast. This is when the board is expected to declare the dividend, not when the stock goes ex-dividend.
- Do I need to own IIPR before the ex-dividend date?
- Yes. You must already hold the shares when trading opens on the ex-dividend date to receive the payment. Buying on the ex-date itself is too late — the seller keeps that dividend. See ex-date vs record date vs payment date for how the dates fit together.
- How often does IIPR pay a dividend?
- Innovative Industrial Properties Inc has historically paid quarterly, across 37 payments since June 2017.
- How much does IIPR pay per share?
- The most recent payment was $1.90 per share, with an ex-date of June 30, 2026. At that rate and frequency the indicated annual dividend is $7.60 a share. This is the cash amount, not a yield — a yield depends on the share price you pay.
- How far in advance does IIPR announce its dividend?
- A median of 14 days before the ex-date, across the 38 declarations we hold.