Innovative Industrial Properties Inc

IIPR
$59.31 (- $0.29 - 0.49%)
Last updated: 2026-06-22 22:36 UTC
IIPR Metrics
Exchange
🇺🇸 NYSE XNYS
New York Stock Exchange, Inc.United StatesAmerica/New_York
SectorReal Estate
IndustryREIT - Industrial
ISINUS45781V1017
CUSIP45781V101
Market Price59.31
Dividend Yield 9.78%
Dividend Growth
1Y 0.00%
3Y +9.63%
5YN/A
10YN/A
Annual Dividend 7.60
Latest Payout ($)1.9
Latest Payout Date2026-04-15
Dividend FrequencyQuarterly
P/E Ratio12.03
EPS4.23
Market Cap$1.4B
Book Value64.97
Price to Book0.783
Beta-0.23
52w High75.71
52w Low44.58
Next Earnings DateN/A

Innovative Industrial Properties Inc trades under ticker IIPR on NYSE as a stock. Use this page to review stock price, dividends, and price history. The page also shows Real Estate exposure. Identifiers: ISIN US45781V1017, CUSIP 45781V101.

About the Company
Innovative Industrial Properties Inc. is a real estate investment trust (REIT) focusing on the acquisition, ownership, and management of specialized industrial properties. Its primary function is to support the regulated cannabis industry by leasing properties that are intended for the cultivation and processing of cannabis. Catering specifically to licensed operators, Innovative Industrial Properties Inc. aids in providing real estate solutions for businesses involved in the medical-use cannabis sector. This company plays a crucial role in the emerging cannabis market by enabling operators to access capital for operational purposes through sale-leaseback transactions. Given the increasing legalization of cannabis in the United States, the firm's position as a REIT targeting the cannabis industry places it at the forefront of a rapidly growing and evolving market. By combining real estate expertise with industry-specific knowledge, Innovative Industrial Properties Inc. contributes significantly to the infrastructure needed for the legal cannabis industry's expansion.
Price History