$Innovative Industrial Properties Inc (IIPR.US)$ 🎯 2024.4.1...

New data: 23Q3 and 23Q4. Revenue and profit continued to grow.

In 2023, revenue increased 12%, operating profit increased 5.2%, net profit increased 6.9%, and net assets per share shrank slightly. Since 2019, net assets per share have grown from 42.26 to 68.90, with an average annual increase of 13%. Currently, the dividend rate is 7.7% and the net market ratio is 1.4. The valuation is at a reasonable level, and no adjustments have been made yet.