-

CorEnergy Declares 2024 Common Stock Dividend

DENVER--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") announced today that its Board of Directors declared a 2024 dividend on its outstanding common stock comprised of $0.52 per share in cash and 0.1142 shares per outstanding share of common stock. The dividend is payable on January 20, 2025, to shareholders of record on December 31, 2024 and is intended to satisfy REIT compliance rules that we distribute at least 90% of our REIT taxable income to our shareholders each year.

Shareholders will not be required to take any action in order to receive the stock dividend. After the payment date, shareholders' book entry accounts will be credited with the additional shares representing the stock dividend. Where shares are held in a brokerage account in the name of a broker, the additional shares will be distributed to the broker on the shareholder's behalf. The stock dividend is administered by Computershare, the Company's transfer agent.

About CorEnergy Infrastructure Trust, Inc.

CorEnergy Infrastructure Trust, Inc., is a real estate investment trust (REIT) that owns essential midstream energy assets. For more information, please visit www.corenergy.reit.

Source: CorEnergy Infrastructure Trust, Inc.

Contacts

CorEnergy Infrastructure Trust, Inc.
Investor Relations
info@corenergy.reit

CorEnergy Infrastructure Trust, Inc.

OTC Pink:CORR

Release Versions

Contacts

CorEnergy Infrastructure Trust, Inc.
Investor Relations
info@corenergy.reit

More News From CorEnergy Infrastructure Trust, Inc.

CorEnergy Successfully Completes Financial Restructuring

KANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (“CorEnergy” or the “Company”) today announced the successful completion of its reorganization process and emergence from Chapter 11 protection effective June 12, 2024 (the “Effective Date”). CorEnergy emerges with significantly less debt and a simplified capital structure which is better aligned to current market conditions and its go-forward objectives. The Company expects that the successful restructuring, combined with...

CorEnergy’s Plan of Reorganization Confirmed by Bankruptcy Court

KANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORRQ, CORRL) (“CorEnergy” or the “Company”) announced that the U.S. Bankruptcy Court for the Western District of Missouri (the “Court”) confirmed its Chapter 11 Plan of Reorganization (the “Plan”) on May 24, 2024. Creditors and existing preferred equity holders entitled to vote overwhelmingly supported the Plan. Upon emergence from bankruptcy, which is expected to occur on June 12, 2024 (the “Effective Date”), t...

CorEnergy Enters Restructuring Support Agreement

KANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORR, CORRL) (“CorEnergy” or the “Company”) today announced that it has reached an agreement with certain of its noteholders on a comprehensive financial restructuring that will reduce debt and restructure its balance sheet. The Ad Hoc Group of Noteholders, whose members hold approximately 90% of CorEnergy’s 5.875% Unsecured Convertible Senior Notes due 2025 (the “Senior Notes”), has entered into a Restructuring...
Back to Newsroom