STOCK TITAN

CorEnergy Announces Tax Characterization of 2022 Distributions

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

KANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") today announced the tax characterization of the 2022 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, 2022.

Common Shareholders

Record

Date

Payable Date

Total
Distributions
Per Share

Total Ordinary
Dividends

Box 1a

Qualified
Dividends

Box 1b

Total Capital
Gain Distr.

Box 2a

Nondividend
Distr.

Box 3

2/14/2022

2/28/2022

$

0.0500

$

$

$

$

0.0500

5/17/2022

5/31/2022

 

0.0500

 

 

 

 

0.0500

8/17/2022

8/31/2022

 

0.0500

 

 

 

 

0.0500

11/16/2022

11/30/2022

 

0.0500

 

 

 

 

0.0500

Total 2022 Distributions

$

0.2000

$

$

$

$

0.2000

 

 

 

 

 

 

 

7.375% Series A Cumulative Redeemable Preferred Stock

Record

Date

Payable Date

Total
Distributions
Per Share

Total Ordinary
Dividends

Box 1a

Qualified
Dividends

Box 1b

Total Capital
Gain Distr.

Box 2a

Nondividend
Distr.

Box 3

2/14/2022

2/28/2022

$

0.4609

$

0.1653

$

$

$

0.2956

5/17/2022

5/31/2022

 

0.4609

 

0.1653

 

 

 

0.2956

8/17/2022

8/31/2022

 

0.4609

 

0.1653

 

 

 

0.2956

11/16/2022

11/30/2022

 

0.4609

 

0.1653

 

 

 

0.2956

Total 2022 Distributions

$

1.8436

$

0.6612

$

$

$

1.1824

Additional information regarding the tax characterization of the 2022 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 critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. For more information, please visit corenergy.reit.

Source: CorEnergy Infrastructure Trust, Inc.

CorEnergy Infrastructure Trust, Inc.

Investor Relations

Debbie Hagen or Matt Kreps

877-699-CORR (2677)

info@corenergy.reit

Source: CorEnergy Infrastructure Trust, Inc.

CorEnergy Infrastructure Trust, Inc.

OTC:CORR

CORR Rankings

CORR Latest News

CORR Stock Data

1.63M
14.53M
5.36%
0.53%
1.48%
Miscellaneous Financial Investment Activities
Finance and Insurance
Link
US
Kansas City

About CORR

corridor is an asset manager specializing in financing the acquisition or development of real property infrastructure assets. we provide capital to operating partners through infrastructure reit financing. our strategy is founded on the critical assets contained in infrastructure right-of-ways calls "corridors." our objective is to provide stockholders attractive risk-adjusted total return, with an emphasis on distributions and distribution growth.