Beat the Nasdaq With This Cash-Gushing Dividend Stock

If you're looking for market-beating stocks, it can sometimes be good to travel a bit off the beaten path to find more unusual options. Innovative Industrial Properties (NYSE: IIPR) offers just such an option.Innovative Industrial is one of the very few real estate investment trusts (REITs) operating that focuses solely on properties for the marijuana industry. Uncharacteristically for a pot stock, Innovative is also profitable and pays a high-yield dividend.With public sentiment in the U.S. leaning in favor of full-blown marijuana legalization, Innovative has great potential to become a solid addition to just about any stock portfolio.Continue reading

Mar 18, 2025 - 09:24
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Beat the Nasdaq With This Cash-Gushing Dividend Stock

If you're looking for market-beating stocks, it can sometimes be good to travel a bit off the beaten path to find more unusual options. Innovative Industrial Properties (NYSE: IIPR) offers just such an option.

Innovative Industrial is one of the very few real estate investment trusts (REITs) operating that focuses solely on properties for the marijuana industry. Uncharacteristically for a pot stock, Innovative is also profitable and pays a high-yield dividend.

With public sentiment in the U.S. leaning in favor of full-blown marijuana legalization, Innovative has great potential to become a solid addition to just about any stock portfolio.

Continue reading