Innovative Industrial Properties, Inc. (IIPR) Raises Quarterly Dividend 28.6% to $0.45; 0.6% Yield

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Innovative Industrial Properties Declares First Quarter 2019 Dividends

March 12, 2019 6:30 AM EDT

Common Stock Dividend Increased 29% from Prior Quarter and 80% from Q1 2018

SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a first quarter 2019 dividend of $0.45 per share of common stock, representing an approximately 29% increase over IIP's fourth quarter 2018 dividend of $0.35 per share of common stock, and an 80% increase over IIP's first quarter 2018 dividend of... More