CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for First Quarter 2022
May 06 2022 - 7:30AM
Business Wire
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA)
("CorEnergy" or the "Company") announced today that its Board of
Directors declared a first quarter 2022 dividend of $0.05 per share
for its common stock, consistent with the preceding quarter. The
dividend is payable on May 31, 2022 to shareholders of record on
May 17, 2022.
The Board of Directors also declared a cash dividend of
$0.4609375 per depositary share for the Company’s 7.375% Series A
Cumulative Redeemable Preferred Stock. The preferred stock
dividend, which equates to an annual dividend payment of $1.84375
per depositary share, is payable on May 31, 2022, to shareholders
of record on May 17, 2022.
First Quarter 2022 Results Release Date
The Company announced that it will report results for its first
quarter ended March 31, 2022, on May 12, 2022.
CorEnergy will host a conference call on Thursday, May 12, 2022,
at 10:00 a.m. Central Time to discuss its financial results. Please
dial into the call at +1-973-528-0002 at least five minutes prior
to the scheduled start time. The call will also be webcast in a
listen-only format. A link to the webcast will be accessible at
corenergy.reit.
A webcast replay of the conference call will be available on the
Company’s website at corenergy.reit. A replay of the call will be
available until June 11, 2022, by dialing +1-919-882-2331. The
Conference ID is 754740.
About CorEnergy Infrastructure Trust,
Inc.
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) is a
real estate investment trust that owns and operates or leases
regulated natural gas transmission and distribution and crude oil
gathering, storage and transmission pipelines and associated
rights-of-way. For more information, please visit
corenergy.reit.
Forward-Looking
Statements
This press release contains certain statements that may include
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements, other than statements of
historical fact, included herein are "forward-looking statements."
Although CorEnergy believes that the expectations reflected in
these forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may
prove to be incorrect. Actual results could differ materially from
those anticipated in these forward-looking statements as a result
of a variety of factors, including those discussed in CorEnergy's
reports that are filed with the Securities and Exchange Commission.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
Other than as required by law, CorEnergy does not assume a duty to
update any forward-looking statement. In particular, any
distribution paid in the future to our stockholders will depend on
the actual performance of CorEnergy, its costs of leverage and
other operating expenses and will be subject to the approval of
CorEnergy's Board of Directors and compliance with leverage
covenants.
Source: CorEnergy Infrastructure Trust, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20220505006129/en/
CorEnergy Infrastructure Trust, Inc. Investor Relations Debbie
Hagen or Matt Kreps 877-699-CORR (2677) info@corenergy.reit
CorEnergy Infrastructure (NYSE:CORR)
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