CorEnergy Announces Tax Characterization of 2018 Distributions
January 24 2019 - 05:23PM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190124005836/en/
CorEnergy Infrastructure Trust, Inc.Investor
RelationsLesley Schorgl, 877-699-CORR (2677)info@corenergy.reit
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