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CORR CorEnergy Infrastructure Trust Inc NEW

0.45
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CorEnergy Infrastructure Trust Inc NEW NYSE:CORR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.45 0 01:00:00

CorEnergy Announces Tax Characterization of 2018 Distributions

24/01/2019 10:23pm

Business Wire


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CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") today announced the tax characterization of the 2018 distributions paid to stockholders.

The following table summarizes, for income tax purposes, the nature of cash distributions paid by the Company during the year ended December 31, 2018.

Common Shareholders

RecordDate

 

PayableDate

 

TotalDistributionsPer Share

 

Total OrdinaryDividendsBox 1a

 

Total CapitalGain Distr.Box 2a

 

UnrecapturedSec. 1250 GainBox 2b

 

Section 199ADividendsBox 5

2/14/2018 2/28/2018 $ 0.7500 $ 0.5346 $ 0.2154 $ 0.1007 $ 0.5346 5/17/2018 5/31/2018 0.7500 0.5346 0.2154 0.1007 0.5346 8/17/2018 8/31/2018 0.7500 0.5346 0.2154 0.1007 0.5346 11/15/2018 11/30/2018 0.7500   0.5346   0.2154   0.1007   0.5346 Total 2018 Distributions   $ 3.0000     $ 2.1384     $ 0.8616     $ 0.4028     $ 2.1384   7.375% Series A Cumulative Redeemable Preferred Stock

RecordDate

PayableDate

TotalDistributionsPer Share

Total OrdinaryDividendsBox 1a

Total CapitalGain Distr.Box 2a

UnrecapturedSec. 1250 GainBox 2b

Section 199ADividendsBox 5

2/14/2018 2/28/2018 $ 0.4609 $ 0.3285 $ 0.1324 $ 0.0619 $ 0.3285 5/17/2018 5/31/2018 0.4609 0.3285 0.1324 0.0619 0.3285 8/17/2018 8/31/2018 0.4609 0.3285 0.1324 0.0619 0.3285 11/15/2018 11/30/2018 0.4609   0.3285   0.1324   0.0619   0.3285 Total 2018 Distributions   $ 1.8436     $ 1.3140     $ 0.5296     $ 0.2476     $ 1.3140  

Additional information regarding the tax characterization of the 2018 distributions is available at corenergy.reit.

Nothing contained herein or therein should be construed as tax advice. Consult your tax advisor for more information. Furthermore, you may not rely upon any information herein or therein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.

About CorEnergy Infrastructure Trust, Inc.

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns essential energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases. For more information, please visit corenergy.reit.

Forward-Looking Statements

This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although CorEnergy believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in CorEnergy's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, CorEnergy does not assume a duty to update any forward-looking statement. In particular, any distribution paid in the future to our stockholders will depend on the actual performance of CorEnergy, its costs of leverage and other operating expenses and will be subject to the approval of CorEnergy's Board of Directors and compliance with leverage covenants.

CorEnergy Infrastructure Trust, Inc.Investor RelationsLesley Schorgl, 877-699-CORR (2677)info@corenergy.reit

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