- Where is CorEnergy's stock listed?
Our common stock is listed on the NYSE under the symbol CORR, preferred shares are CORRPrA.
- How often are your distributions paid?
We pay a quarterly distribution. Record dates are set by the Board of Directors and announced simultaneously with the distribution announcement.
- What is your distribution policy?
Our investments in securities and real property assets generate cash flow to us from which we expect to pay distributions to stockholders. The Board of Directors will determine the amount of any distribution we pay to stockholders. A REIT is generally required to distribute during the taxable year an amount equal to at least 90% of REIT taxable income (determined under IRS code section 857(b)(2), without regard for the deduction for dividends paid). We intend to adhere to this requirement in order to qualify as a REIT. For information on the history of our distributions paid, please see the Dividend History portion of our website.
- Does CorEnergy have a dividend reinvestment plan?
Yes, CorEnergy offers a dividend reinvestment plan. Please click here for further information.
- Is there a Preferred Stock for CorEnergy?
Yes. CorEnergy issued 2,250,000 depositary shares of 7.375% Series A Cumulative Redeemable Preferred Stock in a public offering in January 2015. The Preferred Stock pays an annual dividend of $1.84375 per depositary share, 7.375% of the $25.00 liquidation preference. The shares trade on the NYSE under the ticker “CORRPrA." For further information, please see our Preferred Stock fact sheet.
- Who is your transfer agent?
ComputerShare Investor Services
P.O. Box 505000
Louisville, KY 40233