Innovative Industrial Properties Inc Stock News

Key Points in This Article: Ultra-high yield stocks with dividends above 10% offer significant income potential for investors, especially in volatile markets, driven by sectors like REITs and covered call ETFs.

In the U.S., the cannabis industry's growth remains strong and promising. The legal market was worth about $38.5 billion in 2024. It is forecasted to reach nearly $76.4 billion by 2030. That equates to an 11.5 percent compound annual growth rate. In addition, some forecasts see market expansion through 2029 at a whopping 37 percent CAGR. Meanwhile, federal policy remains dynamic. The DEA will h...

IIPR faces ongoing tenant struggles and a likely dividend cut, but the market is overly pessimistic given its strong balance sheet and attractive valuation. The net lease structure allows for high margins and great financial resiliency. Even under bearish scenarios, the downside appears modest and I expect the stock to eventually re-rate to a lower yield as uncertainty resolves.

US equity markets retreated from the cusp of record-highs this week as encouraging inflation data showing surprisingly muted tariff-related inflation was spoiled by a sudden escalation in Middle East tensions. The critical CPI and PPI reports both showed cooler-than-expected inflation in May for a third-straight month, as lower oil prices and moderating shelter costs more than offset the tariff...

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a second quarter 2025 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Sinc...

Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back around $993.2 million in common stock in the period, more than twice as much as the $456.2 million in the fourth quarter of 2024 and up 15.5% year over year. More than a dozen REITs announced new shar...

IIPR holds more than $220 million in total liquidity, with a conservative 11% debt-to-assets ratio and sub-1x net debt-to-EBITDA. Tenant defaults led to a 13% QoQ AFFO drop to $55.3 million and a 6.5% revenue decline in Q1 FY 2025. The company re-leased ~1 million square feet in 18 months, replacing defaulted tenants with financially stronger operators.

The U.S. cannabis industry continues to expand rapidly, creating strong momentum for related investments. In 2025, the market is expected to surpass $44 billion in value. Over the next five years, projections suggest it could reach more than $76 billion. This steady growth is driven by rising consumer demand and ongoing legalization across many states. Currently, nearly half of U.S. adults have...