{"id":685543,"date":"2022-09-15T07:03:03","date_gmt":"2022-09-15T11:03:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-declares-third-quarter-2022-dividends\/"},"modified":"2022-09-15T07:03:03","modified_gmt":"2022-09-15T11:03:03","slug":"innovative-industrial-properties-declares-third-quarter-2022-dividends","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-declares-third-quarter-2022-dividends\/","title":{"rendered":"Innovative Industrial Properties Declares Third Quarter 2022 Dividends"},"content":{"rendered":"

<\/p>\n

Innovative Industrial Properties Declares Third Quarter 2022 Dividends<\/b><\/p>\n

Q3 2022 Cash Dividend of $1.80 per Common Share Contributes to Aggregate of $6.80 per Common Share for the Twelve Months Ending September 30, 2022, Up $1.34, or 25%, Over the Twelve Months Ended September 30, 2021<\/i><\/p>\n

SAN DIEGO–(BUSINESS WIRE<\/a>)–
\nInnovative 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 that its board of directors has declared a third quarter 2022 dividend of $1.80 per share of common stock. The common stock dividends declared for the twelve months ending September 30, 2022, of $6.80 per common share represent an increase of $1.34, or 25%, over dividends declared for the twelve months ended September 30, 2021.\n<\/p>\n

\nAdditionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP\u2019s 9.00% Series A Cumulative Redeemable Preferred Stock.\n<\/p>\n

\nThe dividends are payable on October 14, 2022 to stockholders of record at the close of business on September 30, 2022.\n<\/p>\n

About Innovative Industrial Properties<\/b><\/p>\n

\nInnovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Additional information is available at www.innovativeindustrialproperties.com<\/a>.\n<\/p>\n

This press release contains statements that IIP believes to be \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts are forward-looking statements. When used in this press release, words such as IIP \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201canticipates,\u201d \u201cbelieves\u201d or \u201cshould\u201d or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220915005236\/en\/<\/a><\/span><\/p>\n

\nIIP Contact:
\n
Catherine Hastings
\n
Chief Financial Officer
\n
Innovative Industrial Properties, Inc.
\n
(858) 997-3332\n<\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Cannabis Search Engine Optimization Search Engine Marketing Specialty Natural Resources Commercial Building & Real Estate Construction & Property Retail Public Relations\/Investor Relations Communications Alternative Medicine REIT Health<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Innovative Industrial Properties Declares Third Quarter 2022 Dividends Q3 2022 Cash Dividend of $1.80 per Common Share Contributes to Aggregate of $6.80 per Common Share for the Twelve Months Ending September 30, 2022, Up $1.34, or 25%, Over the Twelve Months Ended September 30, 2021 SAN DIEGO–(BUSINESS WIRE)– 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 that its board of directors has declared a third quarter 2022 dividend of $1.80 per share of common stock. The common stock dividends declared for the twelve months ending September 30, 2022, of $6.80 per common share represent an increase of $1.34, or … <\/p>\n

Continue reading “Innovative Industrial Properties Declares Third Quarter 2022 Dividends”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-685543","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nInnovative Industrial Properties Declares Third Quarter 2022 Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-declares-third-quarter-2022-dividends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovative Industrial Properties Declares Third Quarter 2022 Dividends - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Innovative Industrial Properties Declares Third Quarter 2022 Dividends Q3 2022 Cash Dividend of $1.80 per Common Share Contributes to Aggregate of $6.80 per Common Share for the Twelve Months Ending September 30, 2022, Up $1.34, or 25%, Over the Twelve Months Ended September 30, 2021 SAN DIEGO–(BUSINESS WIRE)– Innovative Industrial Properties, Inc. 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