Innovative Industrial Properties, Inc. (IIPR) Stock Total Returns

Growth of $10,000 chart

2021-04-21 to 2026-04-21
to
$
%
%
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Investment Performance

Final Value
$4,135
Total Return
-58.65%
CAGR
-16.19%
Dividends
$2,264.10
Yield on Cost
22.64%

Rolling Returns

1-Month (21 Trading Days)
Average-0.79%
Median+0.17%
Best+30.40%
Worst-39.57%
% of Windows Positive50.5%
1-Year (252 Trading Days)
Average-15.75%
Median-26.38%
Best+101.47%
Worst-63.51%
% of Windows Positive26.5%
3-Year (756 Trading Days)
Average-39.53%
Median-37.58%
Best-3.31%
Worst-70.58%
% of Windows Positive0.0%

Risk Metrics

Maximum Drawdown -79.60%
Average Drawdown -55.45%
Drawdown Duration 1109 Trading Days (Unrecovered)
Sortino Ratio -0.30
Calmar Ratio -0.20
CVaR (5%) -5.91%

Yearly Returns

Year Percentage Abs. Return Dividends Taxes Trans. Costs
2026 partial +14.97% (+58.24% ann.) +$1496.69 $401.18 $80.24 $0.64
2025 -20.33% $2033.35 $1189.07 $237.81 $1.90
2024 -29.72% $2972.08 $761.25 $152.25 $1.22
2023 +6.87% +$687.23 $733.39 $146.68 $1.17
2022 -59.49% $5949.26 $274.32 $54.86 $0.44
2021 +46.67% +$4667.50 $315.16 $63.03 $0.50
2020 +149.24% +$14923.91 $597.97 $119.59 $0.96
2019 +71.47% +$7147.27 $628.73 $125.75 $1.01
2018 +44.07% +$4407.43 $375.52 $75.10 $0.59
2017 +81.30% +$8130.44 $304.82 $60.98 $0.49
2016 partial -5.01% (-47.68% ann.) $501.31 $0.00 $0.00 $0.00

Market Regimes

about
Regime Period Percentage Annual Abs. Return Dividends Taxes Trans. Costs
Secular stagnation / QE / low inflation / duration bull partial December 1, 2016 – February 19, 2020 +493.41% +73.94% +$49340.50 $2496.24 $499.26 $3.99
Pandemic shock / liquidity crash February 20, 2020 – March 23, 2020 -43.38% -99.85% $4338.32 $0.00 $0.00 $0.00
Policy bazooka / monetary euphoria March 24, 2020 – November 6, 2020 +135.98% +298.08% +$13598.03 $492.05 $98.41 $0.79
Reopening reflation / fiscal boom / supply bottlenecks November 9, 2020 – November 29, 2021 +87.18% +81.25% +$8717.77 $379.77 $75.95 $0.61
Inflation shock / duration crash / aggressive tightening November 30, 2021 – November 9, 2022 -57.95% -60.14% $5794.67 $267.55 $53.51 $0.43
Disinflation rebound / AI-led narrow bull / higher-for-longer November 10, 2022 – September 17, 2024 +30.22% +15.31% +$3022.46 $1167.54 $233.51 $1.87
Disinflationary easing / resilient growth / AI capex under oil-shock test partial September 18, 2024 – April 21, 2026 -53.17% -37.98% $5316.87 $1054.90 $210.98 $1.69

Dividend History

Annual Dividends Per Share
TTM Yield
Consecutive Years Paid
current
Consecutive Years of Growth
current

Date Per Share Yield %
2017-06-28 $0.1500 0.88%
2017-09-28 $0.1500 0.82%
2017-12-28 $0.2500 0.89%
2018-03-28 $0.2500 0.96%
2018-06-28 $0.2500 0.68%
2018-09-27 $0.3500 0.75%
2018-12-28 $0.3500 0.78%
2019-03-28 $0.4500 0.52%
2019-06-27 $0.6000 0.48%
2019-09-27 $0.7800 0.82%
2019-12-30 $1.0000 1.33%
2020-03-30 $1.0000 1.24%
2020-06-29 $1.0600 1.19%
2020-09-29 $1.1700 0.91%
2020-12-30 $1.2400 0.68%
2021-03-30 $1.3200 0.76%
2021-06-29 $1.4000 0.72%
2021-09-29 $1.5000 0.64%
2021-12-30 $1.5000 0.57%
2022-03-30 $1.7500 0.83%
2022-06-29 $1.7500 1.54%
2022-09-29 $1.8000 1.92%
2022-12-29 $1.8000 1.79%
2023-03-30 $1.8000 2.35%
2023-06-29 $1.8000 2.41%
2023-09-28 $1.8000 2.32%
2023-12-28 $1.8200 1.75%
2024-03-27 $1.8200 1.76%
2024-06-28 $1.9000 1.73%
2024-09-30 $1.9000 1.40%
2024-12-31 $1.9000 2.82%
2025-03-31 $1.9000 2.98%
2025-06-30 $1.9000 3.33%
2025-09-30 $1.9000 3.46%
2025-12-31 $1.9000 3.81%
2026-03-31 $1.9000 3.74%
Total 36 payments

Portfolio Dividend Returns

Based on $10,000 initial investment, 20% tax rate, 0.2% transaction cost. Showing 2021-04-21 to 2026-04-21. Change
Date Total Yield Tax Trans. Cost Shares Bought
2021-06-29 $77.81 $15.56 $0.12 0.3202
2021-09-29 $83.85 $16.77 $0.13 0.2896
2021-12-30 $84.28 $16.86 $0.13 0.2577
2022-03-30 $98.78 $19.76 $0.16 0.3848
2022-06-29 $99.45 $19.89 $0.16 0.7176
2022-09-29 $103.58 $20.72 $0.17 0.9388
2022-12-29 $105.27 $21.05 $0.17 0.8258
2023-03-30 $106.76 $21.35 $0.17 1.1438
2023-06-29 $108.82 $21.76 $0.17 1.1693
2023-09-28 $110.92 $22.19 $0.18 1.2082
2023-12-28 $114.36 $22.87 $0.18 0.8879
2024-03-27 $115.97 $23.19 $0.19 0.8873
2024-06-28 $122.76 $24.55 $0.20 0.8973
2024-09-30 $124.46 $24.89 $0.20 0.7383
2024-12-31 $125.86 $25.17 $0.20 1.5079
2025-03-31 $128.73 $25.75 $0.21 1.9001
2025-06-30 $132.34 $26.47 $0.21 1.9134
2025-09-30 $135.97 $27.19 $0.22 2.0262
2025-12-31 $139.82 $27.96 $0.22 2.3572
2026-03-31 $144.30 $28.86 $0.23 2.2969
Total $2264.10 $452.82 $3.62 22.6684

All calculations use split-adjusted closing prices. Dividends are reinvested on the ex-dividend date at that day's closing price.

For each rolling window, returns are calculated at every possible starting point:

return = (value[i] ÷ value[i − windowSize] − 1) × 100

Windows
1-month = 21 trading days, 1-year = 252 trading days, 3-year = 756 trading days.
Statistics
Average: arithmetic mean. Median: middle value when sorted. Best / Worst: max and min. % Positive: share of windows with return > 0.

The series is segmented by calendar year:

return = (endValue ÷ startValue − 1) × 100

startValue is the last value of the prior year (or the first value for the initial year). Partial first/last years are flagged. Dividends, taxes, and transaction costs are scaled proportionally to the initial investment.

HWBK

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1999-07-20 — 2026-04-21
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CAGR 7.67% Total 839.09% Final $93,909
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