United States   Tech   Markets   Politics   Business   Science   Memes  









CorEnergy-Infrastructure  on January 4, 2023


Balanced News


CorEnergy Infrastructure Trust: 16% Yield On Preferred Shares

CorEnergy Infrastructure Trust (NYSE:CORR) is a REIT that owns and leases pipeline assets for the transport of crude oil and natural gas on the west coast of the United States. The company has a Series A Cumulative Preferred share (NYSE:CORR.PA) that is currently trading at 46% of par value ($11.40/$25) generating a dividend yield of over 16%. After weighing the risks involved in the business, I believe the preferred shares are still a good investment for income investors.

seekingalpha.com     Jan 04, 2023