IIPR-A Innovative Industrial Properties 9.00% Series A Cumulative Preferred

Cumulative cash dividends at a rate of 9.00% per annum of the $25.00 liquidation preference per share. Dividends will be payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year, commencing on January 16, 2018. On or after October 19, 2022, we may, at our option, redeem the Series A Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus an amount equal to all accrued but unpaid dividends on such Series A Preferred Stock to, but not including, the redemption date.  This security was issued by Innovative Industrial Properties, Inc, whose common stock symbol is IIPR.

$25.75  +0.25 (0.98%)
As of 03/23/2023 16:00:00 EST     IEX book   CBOE book

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Security Information

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Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REIT—Industrial
Index country:  USA
Country of incorporation:  USA
IPO date:  10/24/2017
Outstanding shares:  600,000
Average volume:  738
Market cap:   $15,678,000
Current dividend yield:  8.61%    calculation
Coupon rate:    9.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   10/19/2022
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol: