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RIET - Innovative Industrial Properties: 5.1% Yield With Impressive Dividend Growth
May, 18 2022 08:00 AM
Hoya Capital High Dividend Yield ETF
IIPR's selloff has continued and shares have nearly been cut in half YTD. Shares now yield 5.1%, which is absurd when you consider the dividend growth track record and potential future dividend growth. It currently trades near all-time low valuations, with shares below a 20x price/FFO. I recently added to my position for the third time in 2022, and I might have to keep adding if the price stays low. For further details see:
Innovative Industrial Properties: 5.1% Yield With Impressive Dividend Growth
Stock Information
Company Name:
Hoya Capital High Dividend Yield ETF
Stock Symbol:
RIET
Market:
NYSE
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