Innovative Industrial Properties Increases Second Quarter Dividend By 4.4% To $1.90 From $1.82 In Prior Quarter, Payable July 15
Portfolio Pulse from Benzinga Newsdesk
Innovative Industrial Properties, Inc. (NYSE:IIPR) announced a 4.4% increase in its second quarter 2024 dividend to $1.90 per share, payable on July 15, 2024.
June 14, 2024 | 11:10 am
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Innovative Industrial Properties, Inc. (NYSE:IIPR) has increased its second quarter 2024 dividend by 4.4% to $1.90 per share, payable on July 15, 2024. This increase reflects the company's strong financial performance and commitment to returning value to shareholders.
The dividend increase indicates strong financial health and a commitment to shareholder returns, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100