Innovative Industrial Properties (NYSE: IIPR) offers investors a high yield, and the real estate investment trust (REIT) has increased its dividend payments several times over the past few years. However, there's been a noticeable shift in that pattern. The cannabis company recently announced its dividend for next month, and it's yet another quarter without a raise. Given the company's recent challenges, it's not something investors should overlook.

Innovative Industrial Properties (IIP) has made for an attractive stock for cannabis investors because it provides an extremely high yield and has been increasing the dividend at a rapid rate in recent years. At 10.2%, its dividend yield is now at astronomical levels as a significant decline in IIP's share price has pushed its yield up, and it's now up to more than six times the S&P 500 average of 1.6%. 

And as you can see from the chart below, the company's rate of dividend increases has slowed down drastically in the past year:

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Source Fool.com