Beat the Nasdaq With This Cash-Gushing Dividend Stock
If you're looking for market-beating stocks, it can sometimes be good to travel a bit off the beaten path to find more unusual options. Innovative Industrial Properties (NYSE: IIPR) offers just such an option.
Innovative Industrial is one of the very few real estate investment trusts (REITs) operating that focuses solely on properties for the marijuana industry. Uncharacteristically for a pot stock, Innovative is also profitable and pays a high-yield dividend.
With public sentiment in the U.S. leaning in favor of full-blown marijuana legalization, Innovative has great potential to become a solid addition to just about any stock portfolio.
Source Fool.com
