Articles from Innovative Industrial Properties

Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSEIIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a first quarter 2025 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception, IIP has paid over $885 million in common stock dividends to its shareholders.

Innovative Industrial Properties, Inc. (IIP), through indirect, wholly owned subsidiaries serving as landlords, previously entered into leases (collectively, the Leases) with PharmaCann Inc. and its affiliates (collectively, PharmaCann) as tenants for eleven properties that IIP owns, which represented 17% of IIP’s total rental revenues for the three and nine months ended September 30, 2024.

Innovative Industrial Properties, Inc. (NYSEIIPR) announced today it will report results for its first quarter ended March 31, 2023 after the market closes on Monday, May 8, 2023.