Innovative Industrial Properties Declares Third Quarter 2022 Dividends | News | bakersfield.com – The Bakersfield Californian
SAN DIEGO–(BUSINESS WIRE)–Sep 15, 2022–
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 third quarter 2022 dividend of $1.80 per share of common stock. The common stock dividends declared for the twelve months ending September 30, 2022, of $6.80 per common share represent an increase of $1.34, or 25%, over dividends declared for the twelve months ended September 30, 2021.
Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
The dividends are payable on October 14, 2022 to stockholders of record at the close of business on September 30, 2022.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation…
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