$Innovative Industrial Properties Inc (IIPR.US)$ As of April...

New data: Q3 2023, Q4 2023, revenue and profit continue to grow.

Revenue in 2023 increased by 12%, operating profit increased by 5.2%, net profit attributable to common shareholders increased by 6.9%, net assets per share slightly shrank. From 2019 to present, net assets per share have grown from 42.26 to 68.90, with an average annual growth of 13%. Currently, the dividend yield is 7.7%, pb ratio is 1.4, valuation is at a relatively reasonable level, no adjustments for now.