Is IIPR a Friend, Question Mark or Foe?

IIPR is classified a Friend under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the IIPR distribution?

A Friend is an income asset whose long-term economic total return has historically covered its distributions and whose distribution has been stable over the available history. It describes a track record of durable, well-covered income.

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IIPR Income Quality Score

Name: IIPR Income Quality Score
Creator: Income Quality Score
Keywords: IIPR income quality, IIPR dividend quality, IIPR dividend safety, IIPR distribution history, IIPR dividend score, IIPR analysis, Innovative Industrial Properties, Inc. dividend

Innovative Industrial Properties, Inc. (IIPR) has an Income Quality Score of 74/100, classified as a Friend with high confidence, based on a 10-year income and total-return history.

Innovative Industrial Properties, Inc. (IIPR) is a real estate investment trust (REIT) and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 7 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

74/100

FriendHigh confidence

Asset Type

REIT

Exchange

NYSE

Trailing Yield (TTM)

15.3%

Rank in REIT Universe

40 of 162

Lookback

10-year

Data as of

June 30, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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IIPRInnovative Industrial Properties, Inc.

74FriendHigh confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: REIT

IQ Score History

Not enough published history yet to draw a trend.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

95/100

Distribution Cut Score

100/100

Distribution Trend

100/100

Total Return

100/100

Max Drawdown

0/100

Volatility

0/100

Yield Consistency

84/100

What is working

Strong long-term total return
Economic return covers long-term payout
No material annual distribution decline across 8 full years of data

What to watch

drawdown severe

Flags & gates

Deep Unrecovered Drawdown
High Volatility

Distribution Safety

8Years raised

0Years cut

10Years of data

RisingCurrent trend

High confidence (10-year history)

20170.55Held
20181.2Raised
20192.83Raised
20204.47Raised
20215.72Raised
20227.1Raised
20237.22Raised
20247.52Raised
20257.6Raised
20263.8Partial year

Distributions per year, from the frozen distribution-stability signal.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.