Innovative Industrial Properties Declares First Quarter 2026 Dividends

Core Viewpoint - Innovative Industrial Properties, Inc. has declared a first quarter 2026 dividend of $1.90 per share, marking an annualized dividend of $7.60 per common share, and has paid a total of $1.1 billion in dividends since its inception in 2016 [1][1][1] Dividend Declaration - The board of directors declared a first quarter 2026 dividend of $1.90 per share of common stock [1] - This represents an annualized dividend of $7.60 per common share [1] - A regular quarterly dividend of $0.5625 per share of the 9.00% Series A Cumulative Redeemable Preferred Stock was also declared [1] - Dividends are payable on April 15, 2026, to stockholders of record as of March 31, 2026 [1] Company Overview - Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership, and management of specialized industrial properties and life science real estate [1][1][1]