Innovative Industrial Properties Series A Cumulative Redeemable Preferred Stock Shares Cross 7% Yield Mark
November 23, 2021 at 14:07 PM EST
In trading on Tuesday, shares of Innovative Industrial Properties Inc's 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $30.56 on the day.