CorEnergy Infrastructure (CORR) Declares $0.75 Quarterly Dividend; 8.3% Yield
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CorEnergy Declares Fourth Quarter 2016 Common Stock and Preferred Dividends
January 25, 2017 5:15 PM ESTKANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that its Board of Directors declared a fourth quarter 2016 dividend of $0.75 per share (or $3.00 per share annualized) for its common stock. The dividend is payable on February 28, 2017, to shareholders of record on February 13, 2017.
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 fourth quarter, ending December 31, 2016. The preferred stock dividend, which equates to an annual dividend payment of $1.84375 per depositary... More
