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Down 76%, Is Ultra-High-Yield Innovative Industrial Properties a Buy on the Dip?
IIPRInnovative Industrial Properties(IIPR) The Motley Fool·2025-01-30 17:34

Investors seeking a source of income that grows may have noticed a stock with some exciting features. Innovative Industrial Properties (IIPR -2.60%) has raised its payout by about 1,170% since it began offering a dividend in 2017.Innovative Industrial Properties is a net lease real estate investment trust (REIT) with lots of dividend raises in its history, but zero reductions. Despite an impressive track record, the market is behaving as if a payout reduction is around the corner. The stock has fallen by mo ...