I have made some good money on IIPR, but it has had its ups and downs. It isn’t something you just buy and hold because it is having problems with it’s tenants. It could very well keep dropping. Furthermore, it looks like its dividend could be cut, although it says it can retain it. But it’s affo is up in the 90% so it might not keep its word. But the preferred’s look good. IIPR-PA on Yahoo has almost a 10% dividend, and it is cumulative, so as long as they stay in business you should get your money. The call date is long past (2022) and it is callable for 25 dollars and right now it is at $24.91, so I doubt they will call it any time soon.
But as you can see it does fluctuate but it looks like it is towards the bottom of its range.
