Corenergy Infrastructure Trust Inc Declares Quarterly Dividend of $0.13 (CORR)
Corenergy Infrastructure Trust (NASDAQ:CORR) announced a quarterly dividend on Friday, January 3rd, American Banking News reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.125 per share on Thursday, January 23rd. This represents a $0.50 annualized dividend and a dividend yield of 7.16%.
Shares of Corenergy Infrastructure Trust (NASDAQ:CORR) opened at 6.98 on Friday. Corenergy Infrastructure Trust has a 52-week low of $6.05 and a 52-week high of $7.99. The stock has a 50-day moving average of $6.88 and a 200-day moving average of $7.11. The company has a market cap of $168.6 million and a P/E ratio of 5.29.
Corenergy Infrastructure Trust (NASDAQ:CORR) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.09. The company had revenue of $7.60 million for the quarter, compared to the consensus estimate of $7.18 million.
CorEnergy Infrastructure Trust, Inc, formerly Tortoise Capital Resources Corporation, is an energy infrastructure asset financing company.
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