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Is IIPR Stock a Buy? Only if You Like Strong Growth and Big Dividend Hikes

TheMotleyFool

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Is IIPR Stock a Buy? Only if You Like Strong Growth and Big Dividend Hikes: https://g.foolcdn.com/editorial/images/678008/iipr-stock-iipr-earnings-iipr-q1-earnings-best-marijuana-stocks-cannabis-stocks-buy.jpg

Innovative Industrial Properties (NYSE: IIPR) stock gained 4.9% in Wednesday's after-hours trading session following the cannabis-industry-focused real estate investment trust's (REIT) release of robust first-quarter 2022 results.

Here's how the quarter turned out for Innovative Industrial Properties and its investors.

Image source: Getty Images.

Source Fool.com

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