Innovative Industrial Properties: Preferred Shares Offer 8.5% Dividend Yield (NYSE:IIPR)

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Introduction

Innovative Industrial Properties (NYSE:IIPR) is a real estate investment trust (REIT) that focuses on the leasing of properties to support the cannabis industry. Back in late 2022, a situation emerged where the company’s debt maturingbut still yielding a respectable 7.7%

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