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Stock impact report

Innovative Industrial Properties Declares Second Quarter 2019 Dividends

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: Business Wire
Common Stock Dividend Increased 33% from Prior Quarter and 140% from Q2 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 second quarter 2019 dividend of $0.60 per share of common stock, representing an approximately 33% increase over IIP's first quarter 2019 dividend of $0.45 per share of common stock, and a 140% increase over IIP's second quarter 2018 dividend of $0.25 per share of common stock. The dividend is equivalent to an annualized dividend of $2.40 per common share, and is the ninth consecutive quarterly dividend payable to common stockholders declared since IIP completed its initial public offering in December 2016. Additionally, IIP announced today that its board of d Show less Read more
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