IIPR - How To Earn $500 A Month From Innovative Industrial Properties Stock | Benzinga
Innovative Industrial Properties, Inc (NYSE:IIPR) shares closed slightly higher during Thursday's session.
On March 15, Innovative Industrial Properties said its board of directors declared a first-quarter 2024 dividend of $1.82 per share of common stock.
The San Diego-based company reported better-than-expected earnings results for its fourth quarter on Feb. 26, 2024. Piper Sandler analyst Alexander Goldfarb maintained Innovative Industrial Properties with a Neutral and raised the price target from $85 to $103 following the release of quarterly earnings.
With the recent buzz around Innovative Industrial Properties, some investors may be eyeing potential gains from the company's dividends. As of now, Innovative Industrial Properties has a dividend yield of 7.75%, which is a quarterly dividend amount of $1.82 a share ($7.28 a year).
To figure out how to ...