Innovative Industrial Properties Inc vs Micron Technology, Inc. — how do they compare? Innovative Industrial Properties Inc trades at $63.9 (market cap $1.87B), while Micron Technology, Inc. trades at $984.79 (market cap $977.44B). The key difference: Micron Technology, Inc. is far larger — about 522.7× Innovative Industrial Properties Inc's market cap, and Innovative Industrial Properties Inc pays the higher dividend (11.81%). Which is the better fit depends on your goals.
| IIPR | MU | |
|---|---|---|
Market Cap | $1.87B | $977.44B |
Sector | Real Estate | Technology |
52-Week High | $64.67 | $1.21K |
52-Week Low | $44.58 | $104.88 |
Enterprise Value | $2.25B | $957.80B |
Dividend Yield | 11.81% | 0.06% |
Trailing returns across standard periods
Latest headlines on both assets
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Read more on IIPR →Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
Read more on MU →