Innovative Industrial Properties, Inc. (IIPR) Declares $0.15 Quarterly Dividend; 3.5% Yield

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Innovative Industrial Properties Declares Second Quarter 2017 Common Stock Dividend

May 30, 2017 7:00 AM EDT

SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (the Company) (NYSE: IIPR), the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that its board of directors has declared a second quarter 2017 dividend of $0.15 per share of common stock. The dividend is equivalent to an annualized dividend of $0.60 per common share.

The common stock dividend is payable on July 14, 2017 to... More