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Innovative Industrial Properties Inc
IIPR-PA · US
Closed
$ 24.95 +0% ▲
YTD Change
+5.89%
1Y Change
+8.32%
Day Range
24.92 – 24.99
1Y Range
20.98 – 25.3
Div. Yield
11.27%
3M
1Y
5Y
$IIPR-PA Dividend data
Undervalued
9.82%+
Yield has only been this high 20% of the time — usually when $IIPR-PA looked cheap.
Average yield
7.68%
The midpoint of $IIPR-PA's yield over the last 10 years.
Overvalued
<2.48%
Yield has only dropped this low 20% of the time — usually when $IIPR-PA looked expensive.
Current yield
11.27%
$IIPR-PA's yield today, based on the latest price and dividend.
Based on the trailing 10 years of Innovative Industrial Properties Inc's dividend yield history.
Geraldine Weiss dividend yield theory
3M
1Y
5Y
10Y
All
Price
Undervalued (yield 10.72%)
Fair value (orientative)
Overvalued (yield 7.67%)
🟢 Undervalued zone · current yield 11.27%

The Geraldine Weiss dividend yield theory applied to Innovative Industrial Properties Inc ($IIPR-PA) uses the stock's historical dividend yield range to estimate when the price is cheap or expensive relative to its own dividend-paying history (2023–2026). Based on that history, $IIPR-PA is currently trading in undervalued territory.

When the $IIPR-PA yield climbs above 🟢 10.72%, the stock has historically been undervalued. When the yield falls below 🔴 7.67%, Innovative Industrial Properties Inc has historically been overvalued. The dashed 🟡 fair value (~9.20%) line marks the orientative midpoint between both extremes, not a price target.

Dividend Trend
Dividend History
Next dividend: 29 Sep 2026  ·  Payment: 14 Oct 2026  ·  Amount: 0.5625 $
Ex-DatePayment DatePeriodCash AmountDeclaration Date
30 Sept 202615 Oct 2026Quarterly0.5625 $15 Sept 2026
30 Jun 202615 Jul 2026Quarterly0.5625 $15 Jun 2026
31 Mar 202615 Apr 20260.5625 $
31 Dec 202515 Jan 2026Quarterly0.5625 $15 Dec 2025
30 Sept 202515 Oct 2025Quarterly0.5625 $15 Sept 2025
30 Jun 20250.5625 $
31 Mar 20250.5625 $
31 Dec 20240.5625 $
30 Sept 202415 Oct 2024Quarterly0.5625 $13 Sept 2024
28 Jun 202415 Jul 2024Quarterly0.5625 $14 Jun 2024
28 Dec 202312 Jan 2024Quarterly0.5625 $15 Dec 2023
28 Sept 202313 Oct 2023Quarterly0.5625 $15 Sept 2023