Innovative Industrial Properties, Inc. (IIPR) Raises Quarterly Dividend 28.2% to $1.00; 5.5% Yield

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Go back to Innovative Industrial Properties, Inc. (IIPR) Raises Quarterly Dividend 28.2% to $1.00; 5.5% Yield

Innovative Industrial Properties Declares Fourth Quarter 2019 Dividends

December 10, 2019 6:30 AM EST

Common Stock Dividend Increased 28% from Prior Quarter and 186% from Q4 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 fourth quarter 2019 dividend of $1.00 per share of common stock, representing an approximately 28% increase over IIP's third quarter 2019 dividend of $0.78 per share of common stock, and an approximately 186% increase over IIP's fourth quarter... More