CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) is expected to pay $0.75 on Nov 30, 2016. The indicated annual dividend is $3.00. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on CorEnergy Infrastructure Trust, Inc.’s current price of $27.10, the dividend is 2.77%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 27, 2016. The stock decreased 1.20% or $0.33 during the last trading session, hitting $27.1. Corenergy Infrastructure Trust Inc (NYSE:CORR) has risen 36.39% since April 7, 2016 and is uptrending. It has outperformed by 31.60% the S&P500.
CorEnergy Infrastructure Trust, Inc
Corenergy Infrastructure Trust Inc (NYSE:CORR) Ratings Coverage
Out of 5 analysts covering CorEnergy Infrastructure Trust (NYSE:CORR), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. CorEnergy Infrastructure Trust has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Bank of America downgraded Corenergy Infrastructure Trust Inc (NYSE:CORR) on Wednesday, December 9 to “Neutral” rating. RBC Capital Markets downgraded the shares of CORR in a report on Monday, October 17 to “Underperform” rating. As per Friday, May 6, the company rating was downgraded by RBC Capital Markets. The stock of Corenergy Infrastructure Trust Inc (NYSE:CORR) has “Hold” rating given on Thursday, January 28 by Stifel Nicolaus. The rating was downgraded by Stifel Nicolaus on Thursday, August 11 to “Hold”. The stock has “Buy” rating given by DA Davidson on Thursday, September 22. Stifel Nicolaus maintained the shares of CORR in a report on Wednesday, August 12 with “Buy” rating. The rating was downgraded by Wells Fargo to “Market Perform” on Thursday, February 25. The firm has “Buy” rating given on Wednesday, June 1 by Stifel Nicolaus. On Friday, August 12 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.
More recent Corenergy Infrastructure Trust Inc (NYSE:CORR) news were published by: Marketwatch.com which released: “CorEnergy Infrastructure Trust stock price target cut to $23 from $25 at RBC …” on December 10, 2012. Also Businesswire.com published the news titled: “CorEnergy Completes 1-for-5 Reverse Stock Split, To Begin Trading December 2, 2015” on December 01, 2015. Fool.com‘s news article titled: “Why Corenergy Infrastructure Trust Inc.’s Stock Dropped Nearly 10% Today” with publication date: June 23, 2015 was also an interesting one.
CORR Company Profile
CorEnergy Infrastructure Trust, Inc. (CorEnergy), incorporated on October 8, 2005, is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Firm also provides other types of capital, including loans secured by energy infrastructure assets. The Firm owns assets, such as pipelines, storage terminals, and transmission and distribution assets. It assets include Grand Isle Gathering System, Pinedale Liquids Gathering System (Pinedale LGS), Portland Terminal Facility, MoGas Pipeline System and Omega Pipeline.
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