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


As per CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) statement on 2016-07-28, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.75 per share as dividend to stakeholders. The record date is set as 2016-08-17, the payout date as 2016-08-31 and the ex-dividend date is 2016-08-15.

Last fiscal CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) disbursed cash dividend of $0.75. A year ago, the payout was $0.75, which indicates a difference of 7.0039%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.75, implying 5.0458% growth.

For the period ended on 2015-12-31, CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)’s earnings came at $1.01 per share compared to EPS of $1 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-14. For this quarter, the analysts have earnings estimate of $1.16 per share.

The interim price target for CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) is set at $27.333. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) is seen at $30 and the lowest level is established at $22. This broad range highlights a standard deviation of $4.618 in reported estimates.

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