Innovative Industrial Properties Inc vs United Microelectronics Corp — how do they compare? Innovative Industrial Properties Inc trades at $63.9 (market cap $1.87B), while United Microelectronics Corp trades at $21.12 (market cap $51.00B). The key difference: United Microelectronics Corp is far larger — about 27.3× 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 | UMC | |
|---|---|---|
Market Cap | $1.87B | $51.00B |
Sector | Real Estate | Technology |
52-Week High | $64.67 | $28.02 |
52-Week Low | $44.58 | $6.58 |
Enterprise Value | $2.25B | $48.57B |
Dividend Yield | 11.81% | 2.03% |
Trailing returns across standard periods
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 →Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2021, according to Gartner, after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
Read more on UMC →