Why Marijuana Stock Innovative Industrial Properties Returned 73% in 2019

Shares of Innovative Industrial Properties (NYSE: IIPR), a cannabis sector-focused real estate investment trust (REIT), returned 72.5% in 2019, according to data from S&P Global Market Intelligence. For context, the S&P 500 index returned 31.5% last year.

Image source: Innovative Industrial Properties.

We can attribute Innovative Industrial Properties stock's strong 2019 performance to the company's robust financial performance and to management's boosting of the attractive dividend.

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Source Fool.com