Today +10% in a difficult market environment. Have found nothing in a hurry, one of you knows more?

Innovative Industrial Properties 9.00% Cumulative Redeemable Pref Shs Series A
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6Dividend increase 🙌🏼
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 third quarter 2021 dividend of $1.50 per share of common stock, representing an approximately 7% increase over IIP’s second quarter 2021 dividend of $1.40 per share of common stock, and an approximately 28% increase over IIP’s third quarter 2020 dividend of $1.17 per share of common stock. The dividend is equivalent to an annualized dividend of $6.00 per common share, and is the twelfth dividend increase since IIP completed its initial public offering in December 2016.
Exciting stock in the cannabis sector. They provide modern and automated warehouses to grow cannabis. Meets all my requirements for a growth stock. Solid balancesheet, consistently strong growth, and a strong growing market (cannabis). Interestingly, it's a real estate stock.

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