CorEnergy Infrastructure (CORR) Misses Q3 FFO by 14c

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CorEnergy Announces Third Quarter 2016 Results

November 2, 2016 5:14 PM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) (CorEnergy or the Company) today announced financial results for the third quarter ended September 30, 2016.

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Delivered Net Income of $0.68 per common share (diluted), NAREIT Funds from Operations (NAREIT FFO)1 of $1.01 per share (diluted), Funds from Operations (FFO)1 of $0.96 per share (diluted) and Adjusted Funds from Operations (AFFO)1 of $0.98 per share (diluted) Declared common stock dividend of $0.75 per share ($3.00 annualized) for the third quarter... More