INNOVATIVE INDUSTRIAL PROPERTIES INC's IIPR-P-A is an exchange-traded preferred stock in the REIT - Diversified sector. At a recent price of $25.24, IIPR-P-A yields 8.91% on its $25 liquidation preference and 9% coupon. It trades at a premium of 1.0% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2022-10-19. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.