What is IIP (IIP)?

SAN DIEGO, April 07, 2022--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 its operating, investment and capital markets activity from January 1, 2022 through today.

What is the relationship between the IIP and the stock market?

The relationship between the IIP and the stock market is backed by a whole chain of events. In our blog on Consumer Spending, we learnt that consumer spending is indicative of the demand in the economy. IIP, on the other hand, indicates the total production in the economy and is the other side of the coin i.e. the Supply side.

What is IIP's quarterly dividend?

Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock. The dividends are payable on October 14, 2022 to stockholders of record at the close of business on September 30, 2022.

How much is InterRent real estate investment trust (IIP) distribution?

InterRent Real Estate Investment Trust (TSX: IIP.UN) ("InterRent") announced today that its distribution declared for the month of September 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about October 16, 2023, to unitholders of record on September 30, 2023.