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Innovative Industrial: Forget The 16.5% Yield, Get The 9.7%-Yielding Preferreds [Seeking Alpha]

Innovative Industrial Properties, Inc.  (IIPR) 
US:NYSE Investor Relations: investors.innovativeindustrialproperties.com
PDF IIPR trades at 0.7x book value, but AFFO per share no longer covers the dividend; a cut could occur as soon as the next earnings report. Regulatory uncertainty around [Read more]