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Innovative Industrial Properties (FRA:1IK) 5-Year Yield-on-Cost % : 40.17 (As of Apr. 28, 2024)


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What is Innovative Industrial Properties 5-Year Yield-on-Cost %?

Innovative Industrial Properties's yield on cost for the quarter that ended in Dec. 2023 was 40.17.


The historical rank and industry rank for Innovative Industrial Properties's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:1IK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.54   Med: 15.11   Max: 58.66
Current: 40.17


During the past 8 years, Innovative Industrial Properties's highest Yield on Cost was 58.66. The lowest was 4.54. And the median was 15.11.


FRA:1IK's 5-Year Yield-on-Cost % is ranked better than
98.92% of 835 companies
in the REITs industry
Industry Median: 7.1 vs FRA:1IK: 40.17

Competitive Comparison of Innovative Industrial Properties's 5-Year Yield-on-Cost %

For the REIT - Industrial subindustry, Innovative Industrial Properties's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovative Industrial Properties's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's 5-Year Yield-on-Cost % falls into.



Innovative Industrial Properties 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Innovative Industrial Properties is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Innovative Industrial Properties  (FRA:1IK) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Innovative Industrial Properties 5-Year Yield-on-Cost % Related Terms

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Innovative Industrial Properties (FRA:1IK) Business Description

Traded in Other Exchanges
Address
1389 Center Drive, Suite 220, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

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