Innovative Industrial Properties Declares Fourth Quarter 2019 Dividends


2019-12-11 23:55:41 Daily Marijuana Observer


SAN DIEGO––Innovative Industrial Properties, Inc. , the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a fourth quarter 2019 dividend of $1.00 per share of common stock, representing an approximately 28% increase over IIP’s third quarter 2019 dividend of $0.78 per share of common stock, and an approximately 186% increase over IIP’s fourth quarter 2018 dividend of $0.35 per share of common stock. The dividend is equivalent to an annualized dividend of $4.00 per common share, and is the sixth dividend increase since IIP completed its initial public offering in December 2016. Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock. The dividends are payable on January 15, 2020 to stockholders of record at the close of business on December 31, 2019. About Innovative Industrial Properties Innovative 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 medical-use 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 This press release contains statements that IIP believes to be “forward-looking statements” 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 we “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or “should” 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.
SAN DIEGO---Innovative Industrial Properties , Inc .今天宣布,其董事会已宣布,2019年第四季度股息为每股普通股1.00美元。 Innovative Industrial Properties , Inc 是纽约证交所第一家也是唯一一家专注于受监管的美国大麻行业的房地产公司。较 IIP 2019年第三季度每股普通股0.78美元的股息增加约28%,较 IIP 2018年第四季度每股普通股0.35美元的股息增加约186%。该股息相当于每股普通股4.00美元的年化股息,是自 IIP 于2016年12月完成首次公开发行( IPO )以来的第六次派息。 此外, IIP 今天宣布,其董事会已宣布定期季度股息每股0.5625美元 IIP 的9.00%系列 A 累积可赎回优先股。 股利于2020年1月15日支付给2019年12月31日营业时间结束时登记在册的股东。 关于创新工业地产 创新工业地产公司是一家自我建议的马里兰公司,专注于收购,拥有和管理专门的工业物业租赁给经验丰富的,国家许可的运营商为其监管的医疗使用大麻设施。创新工业地产股份有限公司已选择自截至2017年12月31日止年度起作为房地产投资信托纳税。更多信息请访问:\160; 。 本新闻稿包含 IIP 认为属于1995年《私人证券诉讼改革法案》安全港条款含义的“前瞻性声明”。除历史事实外的所有陈述均为前瞻性陈述。当在本新闻稿中使用诸如“预期”、“意愿”、“计划”、“估计”、“预期”、“相信”或“应该”或其负面或类似术语等词语时,通常旨在识别前瞻性陈述。该等前瞻性陈述存在可能导致实际结果与该等陈述所表达或隐含之风险及不明朗因素。投资者不应过分依赖前瞻性陈述。IIP 不承担因新信息、未来事件或其他原因而更新或修改任何前瞻性陈述的任何义务。