CorEnergy Infrastructure (CORR) Reports In-Line Q3 FFO

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Go back to CorEnergy Infrastructure (CORR) Reports In-Line Q3 FFO

CorEnergy Releases Third Quarter 2015 Results

November 9, 2015 9:33 PM EST

KANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) (CorEnergy or the Company) today announced financial results for the quarter ended September 30, 2015.

Third Quarter Developments and Subsequent Events

Declared common stock dividend of $0.15 per share quarterly ($0.60 annualized), as expected, an 11.1% increase Delivered Adjusted Funds from Operations (AFFO) of $0.22 per share (basic) and $0.20 per share (diluted) in the quarter Reiterated CorEnergys long-term annual growth target of 3-5% in common stock dividends Recorded a non-cash provision of... More