Innovative Industrial Properties, Inc., (NYSE: IIPR) and Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) both declared a first quarter 2023 dividends.

Innovative Industrial Properties

Innovative Industrial Properties’ board of directors has declared dividend of $1.80 per share of common stock. The common stock dividends declared for the last twelve months of $7.15 per common share represent an increase of $1.00, or 16%, over dividends declared for the prior twelve months.

Additionally, IIP announced that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% series A …

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