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CorEnergy Declares 2024 Common Stock Dividend

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CorEnergy Infrastructure Trust (CORRL) has announced its 2024 dividend distribution, consisting of two components: a cash dividend of $0.52 per share and a stock dividend of 0.1142 shares per outstanding common share. The dividend will be paid on January 20, 2025, to shareholders of record as of December 31, 2024.

This dividend distribution is designed to meet REIT compliance requirements, which mandate the distribution of at least 90% of REIT taxable income to shareholders annually. Shareholders will receive the stock portion automatically, with shares being credited to their accounts after the payment date.

CorEnergy Infrastructure Trust (CORRL) ha annunciato la distribuzione del dividendo per il 2024, composta da due elementi: un dividendo in contante di $0,52 per azione e un dividendo in azioni di 0,1142 azioni per ogni azione ordinaria in circolazione. Il dividendo sarà pagato il 20 gennaio 2025, agli azionisti registrati al 31 dicembre 2024.

Questa distribuzione di dividendi è progettata per soddisfare i requisiti di conformità REIT, che impongono la distribuzione di almeno il 90% del reddito imponibile REIT agli azionisti ogni anno. Gli azionisti riceveranno automaticamente la parte in azioni, con le azioni accreditate sui loro conti dopo la data di pagamento.

CorEnergy Infrastructure Trust (CORRL) ha anunciado su distribución de dividendos para 2024, que consta de dos componentes: un dividendo en efectivo de $0.52 por acción y un dividendo en acciones de 0.1142 acciones por cada acción ordinaria en circulación. El dividendo se pagará el 20 de enero de 2025, a los accionistas registrados hasta el 31 de diciembre de 2024.

Esta distribución de dividendos está diseñada para cumplir con los requisitos de conformidad de los REIT, que exigen la distribución de al menos el 90% de los ingresos imponibles de los REIT a los accionistas anualmente. Los accionistas recibirán automáticamente la parte en acciones, con las acciones acreditadas en sus cuentas después de la fecha de pago.

CorEnergy Infrastructure Trust (CORRL)은 2024년 배당금 분배를 발표했습니다. 이는 두 가지 구성 요소로 이루어져 있습니다: 주당 $0.52의 현금 배당금매출된 보통주당 0.1142주를 지급하는 주식 배당금입니다. 배당금은 2025년 1월 20일에 지급되며, 2024년 12월 31일 기준의 주주에게 지급됩니다.

이번 배당금 분배는 REIT 준수 요구 사항을 충족하기 위해 설계된 것으로, 이는 매년 REIT 과세 소득의 최소 90%를 주주에게 배분해야 합니다. 주주들은 주식 부분을 자동으로 받게 되며, 지급일 이후에 주식이 그들의 계좌에 적립됩니다.

CorEnergy Infrastructure Trust (CORRL) a annoncé sa distribution de dividendes pour 2024, composée de deux éléments : un dividende en espèces de 0,52 $ par action et un dividende en actions de 0,1142 actions par action ordinaire en circulation. Le dividende sera versé le 20 janvier 2025, aux actionnaires inscrits au 31 décembre 2024.

Cette distribution de dividendes est conçue pour répondre aux exigences de conformité des REIT, qui imposent la répartition d'au moins 90 % du revenu imposable des REIT aux actionnaires chaque année. Les actionnaires recevront automatiquement la partie en actions, les actions étant créditées sur leurs comptes après la date de paiement.

CorEnergy Infrastructure Trust (CORRL) hat seine Dividendenverteilung für 2024 angekündigt, die aus zwei Komponenten besteht: einer Bardividende von $0,52 pro Aktie und einer Aktien-dividende von 0,1142 Aktien pro ausgegebener Stammaktie. Die Dividende wird am 20. Januar 2025 an die Aktionäre ausgezahlt, die am 31. Dezember 2024 im Besitz von Aktien sind.

Diese Dividendenverteilung ist darauf ausgelegt, die Compliance-Anforderungen für REITs zu erfüllen, die vorschreiben, dass mindestens 90% des steuerpflichtigen REIT-Einkommens jährlich an die Aktionäre ausgeschüttet werden müssen. Die Aktionäre erhalten den Teil in Aktien automatisch, wobei die Aktien nach dem Auszahlungstag auf ihren Konten gutgeschrieben werden.

Positive
  • Combined cash and stock dividend distribution demonstrates commitment to shareholder returns
  • Dividend structure helps maintain REIT compliance status
  • Automatic distribution process requires no shareholder action
Negative
  • Stock dividend component may result in shareholder dilution

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.

CorEnergy Infrastructure Trust, Inc.

Investor Relations

info@corenergy.reit

Source: CorEnergy Infrastructure Trust, Inc.

FAQ

What is CorEnergy's (CORRL) 2024 dividend payment structure?

CorEnergy's 2024 dividend consists of $0.52 per share in cash and 0.1142 shares of common stock per outstanding share.

When is CorEnergy's (CORRL) 2024 dividend payment date?

The dividend will be paid on January 20, 2025, to shareholders of record as of December 31, 2024.

How will shareholders receive the CORRL stock dividend portion?

The stock dividend will be automatically credited to shareholders' book entry accounts after the payment date, with no action required from shareholders.

Why is CorEnergy (CORRL) issuing a combined cash and stock dividend?

The dividend structure is designed to satisfy REIT compliance rules requiring distribution of at least 90% of REIT taxable income to shareholders annually.

Who administers CorEnergy's (CORRL) stock dividend distribution?

Computershare, CorEnergy's transfer agent, administers the stock dividend distribution.

CorEnergy Infrastructure Trust, Inc.

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1.63M
14.53M
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REIT - Specialty
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United States
Kansas City