CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Updates On Dividend Release Date


On 2016-07-28, CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) confirmed the dividend disbursement of $0.75 a share to shareholders as on record 2016-08-17. The firm will release dividend on 2016-08-31 while ex-dividend date is reported to be 2016-08-15.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) paid a total of $0.75 per share in dividends. This figure stood at $0.75 a share in the same period a year ago indicating a deviation of 7.0039%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $27.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $30 and $22, respectively.

Taking the mathematical rating formula, the price for CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) stands at 2.6. Earnings Review CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-14. For the period ending on 2016-09-30, experts are expecting EPS of $1.16.

Coming to the quarter ending on 2015-12-31, CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) recorded EPS of $1.01. The reported numbers came lower than the analysts’ estimates of $1.11, demonstrating a miss of $-0.1 as against reported figures.

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