IIPR - Want $2000 In Passive Income? Here's 1 Stock to Buy and 1 to Avoid
There are quite a few ways to get your money to make more money. Dividend stocks are one of the first places that many investors look, and with good reason.
Real estate investment trusts (REITs) are often attractive places for investors seeking passive income, as they're obligated to disburse a high percentage of their earnings to shareholders in the form of dividends. Let's examine two popular REITs to determine which one is the better option for income investors looking to make a relatively small sum of $2,000 in dividends annually.
Innovative Industrial Properties (NYSE: IIPR) is a passive income champion thanks to its early positioning in cannabis, an industry that's expected to grow at an accelerating pace over the next few years.
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Want $2,000 In Passive Income? Here's 1 Stock to Buy, and 1 to Avoid