Innovative Industrial Properties Inc vs VICI Properties Inc — how do they compare? Innovative Industrial Properties Inc trades at $63.53 (market cap $1.87B), while VICI Properties Inc trades at $26.59 (market cap $29.55B). The key difference: VICI Properties Inc is far larger — about 15.8× 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 | VICI | |
|---|---|---|
Market Cap | $1.87B | $29.55B |
Sector | Real Estate | Real Estate |
52-Week High | $64.67 | $33.93 |
52-Week Low | $44.58 | $25.94 |
Enterprise Value | $2.25B | $46.77B |
Dividend Yield | 11.81% | 6.71% |
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 →VICI Properties is an S&P 500 experiential real estate investment trust (REIT) that owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including Caesars Palace and MGM Grand. It utilizes a long-term, triple-net lease model to provide stable, inflation-protected income, serving as the primary landlord for the 'experience economy' while diversifying into non-gaming sectors like wellness, youth sports, and luxury resorts.
Read more on VICI →