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IIPR-P-A

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    24.7797$
  • Previous Close
    25.027$
  • 52 Week Change
    4.67$
  • Day Range
    -0.25$
  • 52 Week High/Low
    22.0001$ - 26.67$
  • Dividend Per Share
    --
  • Market cap
    0$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

Innovative Industrial Properties, Inc. 5.50% Series A Cumulative Redeemable Preferred Stock (IIPR-P-A.US) represents a type of equity ownership in Innovative Industrial Properties, a real estate investment trust (REIT) focused on the regulated cannabis industry. Unlike common stock, these preferred shares pay a fixed dividend of 5.50% annually, payable quarterly. Holders of these shares have priority over common stockholders in the event of dividend payments or liquidation. The shares are redeemable by the company, under certain circumstances, offering a potential exit strategy for investors.
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Factors

IIPR-P-A.US, a preferred stock issued by Innovative Industrial Properties (IIPR), is influenced by factors impacting both preferred stocks and IIPR specifically. Interest Rates: Rising interest rates generally decrease preferred stock values, as investors seek higher yields elsewhere.

IIPR's Performance: IIPR's financial health, occupancy rates, and ability to pay dividends directly affect investor confidence in its preferred shares.

Credit Rating: Changes in IIPR's credit rating can affect perceived risk and thus the price of IIPR-P-A.US.

Market Sentiment: General market optimism or pessimism impacts investor appetite for riskier assets like preferred stocks.

Sector Trends: Developments in the cannabis industry, particularly regulatory changes and market growth, influence IIPR and its securities.

Specific Preferred Stock Attributes: Factors like the dividend rate, call features, and conversion rights of IIPR-P-A.US itself play a role.

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