|Bid||95.00 x 900|
|Ask||98.30 x 900|
|Day's Range||96.40 - 98.72|
|52 Week Range||88.38 - 288.02|
|Beta (5Y Monthly)||1.82|
|PE Ratio (TTM)||22.64|
|Earnings Date||Feb 22, 2022 - Feb 28, 2022|
|Forward Dividend & Yield||7.00 (7.26%)|
|Ex-Dividend Date||Jun 29, 2022|
|1y Target Est||182.17|
Innovative Industrial Properties (NYSE: IIPR), a real estate investment trust (REIT) servicing the regulated cannabis industry, had notable gains in Q2 2022. Meanwhile, in early spring it raised funds via a common stock sale, which helped it keep down its debt while continuing to grow the company.
Innovative Industrial Properties has a troubled tenant. Here are the potential outcomes as its business model gets tested.
Dividend stocks that pay you for holding shares are an excellent tool for wealth preservation, and come with perks like the ability to cover your expenses or reinvest your dividends to grow your dividend income. Retail REIT Realty Income (NYSE: O) acquires and rents out single-tenant retail buildings in the U.S. and Europe. Realty Income does net leases, where the tenant is responsible for taxes, insurance, and upkeep.