CoreCivic (CXW) Raises Quarterly Dividend 2.4% to $0.43; 8.5% Yield

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Go back to CoreCivic (CXW) Raises Quarterly Dividend 2.4% to $0.43; 8.5% Yield

CoreCivic Announces Increase in Quarterly Cash Dividend to $0.43 Per Share

February 22, 2018 4:15 PM EST

NASHVILLE, Tenn., Feb. 22, 2018 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company") announced today that its Board of Directors declared a quarterly dividend of $0.43 per share to be paid on April 16, 2018, to shareholders of record as of the close of business on April 2, 2018. 

"We are pleased to announce an increase to our quarterly cash dividend to $0.43 per share, or $1.72 per share annually," said Damon T. Hininger, CoreCivic's President and Chief Executive Officer.  "The increase in our quarterly dividend reflects our confidence in the stability of cash flows... More