Innovative Industrial Properties Inc vs Plug Power Inc — how do they compare? Innovative Industrial Properties Inc trades at $58.04 (market cap $1.67B), while Plug Power Inc trades at $2.25 (market cap $3.10B). The key difference: Plug Power Inc is the larger of the two by market cap, and Innovative Industrial Properties Inc pays a 13.18% dividend while Plug Power Inc pays none. Which is the better fit depends on your goals.
| IIPR | PLUG | |
|---|---|---|
Market Cap | $1.67B | $3.10B |
Sector | Real Estate | Industrials |
52-Week High | $64.67 | $4.14 |
52-Week Low | $44.58 | $1.41 |
Enterprise Value | $2.21B | $3.98B |
Dividend Yield | 13.18% | — |
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 →Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Read more on PLUG →