Is This Real Estate Investment Trust's 11%-Yielding Dividend in Danger After a Major Tenant Defaulted?

If you're looking at an investment that yields more than 10%, you know that there's likely going to be some risk involved with it. A yield that high and that safe would be quickly scooped up by income investors. When that doesn't happen, it's a sign that there is some hesitation around the stock and the safety of its payout.One high-yielding stock investors might be tempted to take a chance on these days is that of real estate investment trust (REIT) Innovative Industrial Properties (NYSE: IIPR). The REIT's yield is up to more than 11%, which is far higher than the 1.3% the S&P 500 averages. But Innovative Industrial Properties (IIP) just announced some troubling news, which could make its yield look even riskier: A major tenant defaulted. Is this dividend stock in big trouble, and could a cut to its payout be around the corner?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool