UPDATE: Innovative Industrial Properties, Inc. (IIPR) Raises Quarterly Dividend 40% to $0.35; 0.8% Yield
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Innovative Industrial Properties Declares Third Quarter 2018 Dividends
September 14, 2018 7:00 AM EDTSAN 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 third quarter 2018 dividend of $0.35 per share of common stock, representing a 40% increase over the Company's second quarter 2018 dividend of $0.25 per share of common stock. The dividend is equivalent to an annualized dividend of $1.40 per common share, and is the sixth consecutive quarterly dividend payable to common stockholders... More
