I
IIPR'A
NOW TRADING POST CALL DATE
About this security
IIPR'A is a 9% cumulative perpetual preferred stock issued by Innovative Industrial Properties Inc, grouped under REITs. $25 liquidation preference, current yield 9.45%, callable from 2022-10-19.
Innovative Industrial Properties Inc: Innovative Industrial Properties (IIPR) is an internally managed real estate investment trust (REIT) focused on acquiring, owning, and managing specialized industrial and commercial properties across the United States. The company's portfolio primarily consists of facilities leased on a triple-net basis to state-licensed cannabis operators, with properties typically acquired through sale-leaseback transactions or third-party purchases. Under triple-net leases, tenants bear responsibility for structural repairs, maintenance, taxes, and insurance. Beyond cannabis real estate, IIPR also holds financial investments in the life science sector and is actively pursuing property acquisitions in that industry as part of its broader growth strategy. Company website
All Innovative Industrial Properties Inc securities and the issuer profile →
Key Stats ✓ Verified against SEC filing (prospectus linked below)
vs. REITs (132 issues with a current yield): yield 9.45% vs avg 9.05% · discount -4.7% vs avg -20.2%
Quote
| IIPR'A (preferred) | IIPR (common) | |
|---|---|---|
| As of | 2026-10-30 | 2026-10-29 |
| Last | $23.82 | $53.46 |
| Change | -0.05 (-0.23%) | +0.60 (+1.14%) |
| Open | $23.88 | $53.25 |
| High / Low | $24.09 / $23.80 | $53.99 / $53.03 |
| Prev Close | $23.88 | $52.86 |
| Volume | 18,187 | 237,460 |
| 52-Week High / Low | $25.39 / $20.86 | $65.38 / $44.58 |
Charts & data for IIPR on Finviz ↗ Sponsored
End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-09-30 | $0.562500 |
| 2026-06-30 | $0.562500 |
| 2026-03-31 | $0.562500 |
| 2025-12-31 | $0.562500 |
| 2025-09-30 | $0.562500 |
| 2025-06-30 | $0.562500 |
| 2025-03-31 | $0.562500 |
| 2024-12-31 | $0.562500 |
| 2024-09-30 | $0.562500 |
| 2024-06-28 | $0.562500 |
| 2024-03-27 | $0.562500 |
| 2023-12-28 | $0.562500 |
Performance: $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
We are offering 600,000 shares of our 9.00% Series A Cumulative Redeemable Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock").
Use of proceeds: Net proceeds are intended to be used to fund property acquisitions in the company's pipeline and for general corporate purposes (per Use of Proceeds section).
News: Innovative Industrial Properties Inc
- Innovative Industrial Properties (IIPR) Stock Still Looks Cheap On a 68% Five Year Fall · finance.yahoo.com · Oct 30, 2026
- What Should We Know About Innovative Industrial (NYSE:IIPR) Before Earnings? · kalkinemedia.com · Oct 30, 2026
- Can Innovative Industrial (NYSE:IIPR) Stabilize Its Cannabis Real Estate Business? · kalkinemedia.com · Oct 29, 2026
- Why Is Innovative Industrial Properties (NYSE:IIPR) in Focus After Its Dividend? · kalkinemedia.com · Oct 29, 2026
- Why Is Innovative Industrial Properties (NYSE:IIPR) Raising Capital Now? · kalkinemedia.com · Oct 28, 2026
- Will Mezzanine Lending Reshape Innovative Industrial Properties (NYSE:IIPR)? · kalkinemedia.com · Oct 27, 2026
Issuer news via Tiingo, filtered to stories about IIPR.