Previous close | 0.6300 |
Open | 0.6300 |
Bid | 0.3500 |
Ask | 2.4000 |
Strike | 75.00 |
Expiry date | 2024-10-18 |
Day's range | 0.6300 - 0.6300 |
Contract range | N/A |
Volume | |
Open interest | 34 |
SAN DIEGO, June 14, 2024--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a second quarter 2024 dividend of $1.90 per share of common stock, representing a 4.4% increase over IIP’s first quarter 2024 dividend of $1.82 per share of common stock. The dividend is equivalent to an annualized dividend of $7.60 per co
Innovative Industrial's (IIPR) Florida property buyout and tie-up with a subsidiary of AYR Wellness are to help this REIT bank on solid opportunities in the company's markets.
Reclassifying cannabis as a lower-risk substance could bring significant changes to the real estate sector associated with cannabis. If the change leads to relaxed lending regulations, more funds could be directed toward facilities. Cannabis operators are also expected to experience reduced tax obligations, potentially encouraging more lenders to enter the market as these companies' financial standings improve. "The increased cash flow from the reduced tax burden will provide financing for expan