CorEnergy Infrastructure (CORR) Tops Q1 FFO by 3c

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Go back to CorEnergy Infrastructure (CORR) Tops Q1 FFO by 3c

CorEnergy Releases First Quarter 2016 Results

May 10, 2016 4:33 PM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) (CorEnergy or the Company) today announced financial results for the first quarter ended March 31, 2016.

Recent Developments

Declared common stock dividend of $0.75 per share ($3.00 annualized) in the first quarter Delivered Adjusted Funds from Operations (AFFO)1 of $1.07 per share Refinanced the Pinedale Credit Facility Completed ~$475,000 of share repurchases under the $10 million Share Repurchase Authorization during April 2016 All tenants continue to make timely... More