Innovative Industrial Properties: 13% Dividend Yield And Near-Fortress Balance Sheet
The market is pricing in an Innovative Industrial Properties (NYSE: IIPR ) dividend cut on the back of a yield that has swelled to double digits from a pre-pandemic average that was less than 4%. TheThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy fi ...