On 12/31/24, Innovative Industrial Properties Inc's 9.00% Series A Cumulative Redeemable Preferred Stock (Symbol: IIPR.PRA) will trade ex-dividend, for its quarterly dividend of $0.5625, payable on 1/15/25. As a percentage of IIPR.PRA's recent share price of $25.35, this dividend works out to approximately 2.22%, so look for shares of IIPR.PRA to trade 2.22% lower — all else being equal — when IIPR.PRA shares open for trading on 12/31/24. On an annualized basis, the current yield is approximately 8.93%, which compares to an average yield of 7.89% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of IIPR.PRA shares, versus IIPR:
CLRM YTD Return
Institutional Holders of AAT
Below is a dividend history chart for IIPR.PRA, showing historical dividends prior to the most recent $0.5625 on Innovative Industrial Properties Inc's 9.00% Series A Cumulative Redeemable Preferred Stock:
In Friday trading, Innovative Industrial Properties Inc's 9.00% Series A Cumulative Redeemable Preferred Stock (Symbol: IIPR.PRA) is currently up about 0.6% on the day, while the common shares (Symbol: IIPR) are down about 3.9%.
Also see:
Top High Dividend Yield Stocks CLRM YTD Return
Institutional Holders of AAT
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
