AMT vs IIPR
American Tower Corporation compared with Innovative Industrial Properties, Inc. on yield, payout growth, payment schedule, cost and risk.
AMT
American Tower Corporation
TTM yield · Quarterly
IIPR
Innovative Industrial Properties, Inc.
TTM yield · Quarterly
Quick take
- IIPR yields more today: 14.02% vs 3.79% (forward).
- AMT has grown its payout faster: 7.0%/yr vs 6.8%/yr over the last 5 years.
- Both pay every quarter.
- Over the last year IIPR delivered the higher total return: +15.4% vs +1.9% (price change plus payouts).
- AMT raises fewer payout-risk flags on our heuristic (low vs moderate).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | AMT | IIPR |
|---|---|---|
| Share price | $188.97 | $54.21 |
| TTM yield | 3.74% | 14.02% |
| Forward yield | 3.79% | 14.02% |
| Annual payout per share | $7.16 | $7.60 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Jan 5, 2027 (est.) | Dec 30, 2026 (est.) |
| Payout ratio (earnings) | — | — |
| 1-year payout growth | +5.2% | +0.0% |
| 5-year payout CAGR | +7.0% | +6.8% |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 96/100 | 98/100 |
| 1-year total return | +1.9% | +15.4% |
| 1-year price return | -1.7% | +1.2% |
| Size (market cap / AUM) | 88.1B | 1.5B |
| Years paying | 14.9 | 9.3 |
| Payout risk (heuristic) | Low | Moderate |
| Sector / category | Real Estate | Real Estate |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| AMT | IIPR | |
|---|---|---|
| Shares | 52.9 | 184.5 |
| Income per year | $379 | $1,402 |
| Income per month (avg) | $32 | $117 |
At forward yields, before taxes. Model AMT · Model IIPR
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| AMT Jan 5, 2027 | Jan 19, 2027 | $1.79 | Est. |
| AMT Apr 12, 2027 | Apr 26, 2027 | $1.79 | Est. |
| AMT Jul 18, 2027 | Aug 1, 2027 | $1.79 | Est. |
| IIPR Dec 30, 2026 | Jan 13, 2027 | $1.90 | Est. |
| IIPR Mar 31, 2027 | Apr 14, 2027 | $1.90 | Est. |
| IIPR Jun 30, 2027 | Jul 14, 2027 | $1.90 | Est. |
Annual payouts per share
AMTIIPR
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, AMT or IIPR?
IIPR currently has the higher trailing yield: AMT yields 3.74% and IIPR yields 14.02%. Yield changes daily with price, so check the live figures above.
How often do AMT and IIPR pay?
AMT pays every quarter and IIPR pays every quarter. AMT's next ex-date is Jan 5, 2027 and IIPR's is Dec 30, 2026.
Which has grown its dividend faster, AMT or IIPR?
AMT has grown its payout faster: 7.0%/yr vs 6.8%/yr over the last 5 years.
Is AMT or IIPR better for income?
It depends on what you are optimising for. AMT and IIPR differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.