CorEnergy Infrastructure (CORR) Declares $0.75 Quarterly Dividend; 14.2% Yield

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Go back to CorEnergy Infrastructure (CORR) Declares $0.75 Quarterly Dividend; 14.2% Yield

CorEnergy Declares First Quarter 2016 Common Stock and Preferred Dividends

April 28, 2016 9:00 AM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that its Board of Directors declared a first quarter 2016 dividend of $0.75 per share (or $3.00 per share annualized) for its common stock. The dividend is payable on May 31, 2016, to shareholders of record on May 13, 2016.

The Board of Directors also declared a cash dividend of $0.4609375 per depositary share for the Companys 7.375% Series A Cumulative Redeemable Preferred Stock for the first quarter, ending March 31, 2016. The preferred stock dividend, which equates to an annual dividend payment of $1.84375 per depositary... More