Innovative Industrial Properties, Inc. (IIPR) Ex-Dividend Date Scheduled for December 28, 2018
Innovative Industrial Properties, Inc. ( IIPR ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.35 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased IIPR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 40% increase over prior dividend payment. At the current stock price of $46.37, the dividend yield is 3.02%.
The previous trading day's last sale of IIPR was $46.37, representing a -16.65% decrease from the 52 week high of $55.63 and a 96.23% increase over the 52 week low of $23.63.
IIPR is a part of the Finance sector, which includes companies such as CBRE Group, Inc. ( CBRE ) and Invitation Homes Inc. ( INVH ). IIPR's current earnings per share, an indicator of a company's profitability, is $.54. Zacks Investment Research reports IIPR's forecasted earnings growth in 2018 as 68.66%, compared to an industry average of .6%.
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