CCA Declares Quarterly Cash Dividend of $0.54 Per Share
May 13 2016 - 8:00AM
CCA (NYSE:CXW) (the “Company” or “Corrections
Corporation of America”), America's largest owner of partnership
correctional, detention, and reentry facilities, announced today
that its Board of Directors declared a quarterly dividend of $0.54
per share to be paid on July 15, 2016 to shareholders of record as
of the close of business on July 1, 2016.
About CCA
CCA, a publicly traded real estate investment trust (REIT), is
the nation’s largest owner of partnership correctional, detention,
and residential reentry facilities and one of the largest prison
operators in the United States. We own or control 73 correctional,
detention and reentry facilities, with a design capacity of
approximately 75,000 beds, and manage 11 additional facilities
owned by our government partners with a total design capacity of
approximately 14,000 beds, in 20 states and the District of
Columbia. CCA specializes in owning, operating and managing prisons
and other correctional facilities and providing residential,
community reentry and prisoner transportation services for
governmental agencies. In addition to providing fundamental
residential services, our facilities offer a variety of
rehabilitation and educational programs, including basic education,
faith-based services, life skills and employment training and
substance abuse treatment. These services are intended to help
reduce recidivism and to prepare offenders for their successful
reentry into society upon their release.
Contact: Cameron Hopewell - Managing Director, Investor Relations - (615) 263-3024
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