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Jun 30, 2023
IIPR Q2 2023 Earnings Report
Reported an increase in revenue and net income compared to the same period last year.
Key Takeaways
Innovative Industrial Properties (IIP) announced its Q2 2023 financial results, reporting an increase in total revenues to $76.5 million compared to $70.5 million in the same period of 2022. Net income attributable to common stockholders was approximately $40.9 million, or $1.44 per diluted share. The company paid a quarterly dividend of $1.80 per common share on July 14, 2023.
Total revenues increased by 8% to $76.5 million compared to the same period in 2022.
Net income attributable to common stockholders was approximately $40.9 million, or $1.44 per diluted share.
AFFO was approximately $64.0 million, or $2.26 per diluted share.
A quarterly dividend of $1.80 per common share was paid on July 14, 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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