InfraREIT (HIFR) Reports Q2 CAD of $0.30/Share

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Go back to InfraREIT (HIFR) Reports Q2 CAD of $0.30/Share

InfraREIT Reports Second Quarter 2015 and Year-to-Date Results

August 7, 2015 8:30 AM EDT

DALLAS, Aug. 7, 2015 /PRNewswire/ -- InfraREIT, Inc. (NYSE: HIFR) ("InfraREIT" or the "Company") today reported financial results for the second quarter and six-month period ended June 30, 2015 and the Company's financial outlook.

InfraREIT reported the following second quarter 2015 financial highlights:

Cash available for distribution (CAD) of $18.3 million, or $0.30 per share Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) of $33.9 million Quarterly dividend declared of $0.225 per share of common stock, $0.90 per share annualized Net income of $8.8 million, or $0.15 per diluted share Raising... More