Innovative Industrial Properties Inc (NYSE:IIPR) on 06/14/2019 declared a dividend of $ 0.4500 per share payable on July 15, 2019 to shareholders of record as of June 28, 2019.

Innovative Industrial Properties Inc (NYSE:IIPR) has paid dividends since 2017, has a current dividend yield of 1.7837675810% and has increased its dividends for 1 successive years.

Innovative Industrial Properties Inc's market cap is $ 989,523,460 and has a PE ratio of 104.03. The stock price closed yesterday at $ 100.91 and has a 52 week low/high of $ 31.61 and $ 102.30.

Innovative Industrial Properties is a holding company and a self-advised corporation focused on the acquisition, ownership and management of industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. Co. leases its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including structural repairs, maintenance, taxes and insurance. Co. conducts its business through an umbrella partnership real estate investment trust, in which Co.'s properties are owned by its IIP Operating Partnership, LP, directly or through subsidiaries.

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