CorEnergy Infrastructure Trust Announces A Cumulative Redeemable Preferred Stock

By: Tim McPartland, July 10, 2017

Diversified energy infrastructure REIT CorEnergy Infrastructure Trust (ticker:CORR) has announced a new cumulative, redeemable preferred stock offering.

The coupon on this issue is 7.37% and it will be a 2 million shares offering. The ticker symbol for OTC grey market has not been announced as of a few minutes ago.

This is a REIT offering and as such will not pay qualified dividends.

----ADVERTISEMENT----

Details of the issue are here.

Thanks to longtime reader Howard for the heads up on this issue.

Tim McPartland

Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.

View full bio ▶