Innovative Industrial Properties, Inc. (NYSE:IIPR) named among the 12 Best REIT Dividend Stocks to Buy Now. Specializes in cannabis-related facilities with 108 properties across 19 states. Generates income from long-term triple-net leases for consistent cash flow. Focus on tenant selection, regulatory challenges, financial flexibility for success.

Solid dividend company, with a quarterly dividend of $1.90 per share and a 13.75% yield. Last dividend hike in June 2024, eighth consecutive year of growth. Financially sound, potential for future increase. Considered a good investment, but other AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Is Innovative Industrial Properties (IIPR) One of the Safest REIT Dividend Stocks?