CorEnergy Declares Common and Preferred Dividends, Schedules Results Release for Third Quarter 2022
November 03 2022 - 4:00PM
Business Wire
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA)
("CorEnergy" or the "Company") announced today that its Board of
Directors declared a third quarter 2022 dividend of $0.05 per share
for its common stock, consistent with the preceding quarter. The
dividend is payable on November 30, 2022 to shareholders of record
on November 16, 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 November 30, 2022, to
shareholders of record on November 16, 2022.
Third Quarter 2022 Results Release Date
The Company announced that it will report results for its third
quarter ended September 30, 2022, on November 10, 2022.
CorEnergy will host a conference call on Thursday, November 10,
2022, at 10:00 a.m. Central Time to discuss its financial results.
The call may also include discussion of Company developments and
forward-looking and other material information about business and
financial matters. Please dial into the call at +1-973-528-0016 and
provide access code 977524 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
https://investors.corenergy.reit/.
A webcast replay of the conference call will be available on the
Company’s website at https://investors.corenergy.reit/. A replay of
the call will be available until December 9, 2022, by dialing
+1-919-882-2331. The Conference ID is 46842.
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 lines and crude
oil gathering, storage and transmission pipelines and associated
rights-of-way. For more information, please visit
corenergy.reit.
Forward-Looking
Statements
With the exception of historical information, certain statements
contained in this press release 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.
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 factors 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 dividends 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 and other applicable requirements.
Source: CorEnergy Infrastructure Trust, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20221103006306/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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