Innovative Industrial Properties Inc vs Realty Income Corp — how do they compare? Innovative Industrial Properties Inc trades at $63.53 (market cap $1.87B), while Realty Income Corp trades at $64.96 (market cap $60.78B). The key difference: Realty Income Corp is far larger — about 32.5× 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 | O | |
|---|---|---|
Market Cap | $1.87B | $60.78B |
Sector | Real Estate | Real Estate |
52-Week High | $64.67 | $67.56 |
52-Week Low | $44.58 | $55.93 |
Enterprise Value | $2.25B | $90.58B |
Dividend Yield | 11.81% | 4.99% |
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 →Realty Income owns roughly 11,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.
Read more on O →