IIPR Q3 2024 revenue $76.5M, EPS $1.37; AFFO $2.25/shr, dividend $1.90

INNOVATIVE INDUSTRIAL PROPERTIES INC

2024-Q3 EPS reported $4.16 revenue$231,773,000

Total rev $76.5M (-1.7% YoY); net income $39.7M ($1.37 diluted EPS) vs $1.45 in Q3 2023.
AFFO $64.3M ($2.25/shr) vs $2.29/shr YoY; normalized FFO $2.02/shr vs $2.09.
Quarterly dividend $1.90/shr paid Oct 15; AFFO payout ratio 84%.
Portfolio 108 properties, 95.7% leased; WALT 14.0 yrs; $222.4M liquidity.
Applied $1.4M security deposits for rent from 4Front, TILT, Emerald Growth; terminated Temescal lease.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.