News headlines about Innovative Industrial Properties (NASDAQ:IIPR) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Innovative Industrial Properties earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.5703024026968 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Innovative Industrial Properties (IIPR) traded down 0.79% during midday trading on Friday, hitting $18.83. The company’s stock had a trading volume of 21,785 shares. Innovative Industrial Properties has a 12-month low of $15.45 and a 12-month high of $20.52. The firm’s market cap is $65.92 million. The firm has a 50-day moving average of $18.18 and a 200 day moving average of $18.18.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.19%.

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Innovative Industrial Properties Company Profile

Innovative Industrial Properties, Inc is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases.

Insider Buying and Selling by Quarter for Innovative Industrial Properties (NASDAQ:IIPR)

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