Innovative Industrial Properties (NYSE:IIPR), the leading real estate investment trust focused on regulated cannabis facilities, declared its fourth-quarter 2025 dividend of $1.90 per share of common stock, the company said Monday.
The payout represents an annualized dividend of $7.60 per share, underscoring IIP’s continued commitment to returning capital to shareholders despite ongoing volatility in the broader cannabis sector.
Since its founding in 2016, IIP has paid out $1.1 billion in common stock dividends, highlighting the REIT’s robust cash flow profile and consistent distribution strategy.
The board also approved a regular quarterly dividend of $0.5625 per share for holders of the company’s 9% Series A Cumulative Redeemable Preferred Stock.
Both dividends are payable on January 15, 2026, to stockholders of record as of the close of business on December 31, 2025.