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Stock impact report

CoreCivic Announces Increase in Quarterly Cash Dividend to $0.43 Per Share

CoreCivic, Inc. (CXW) 
Last corecivic, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.corecivic.com/investor-relations
Company Research Source: GlobeNewswire
NASHVILLE, Tenn., Feb. 22, 2018 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the “Company") announced today that its Board of Directors declared a quarterly dividend of $0.43 per share to be paid on April 16, 2018, to shareholders of record as of the close of business on April 2, 2018.  "We are pleased to announce an increase to our quarterly cash dividend to $0.43 per share, or $1.72 per share annually," said Damon T. Hininger, CoreCivic's President and Chief Executive Officer.  "The increase in our quarterly dividend reflects our confidence in the stability of cash flows generated from our existing contracts and the numerous new market opportunities we see that could further improve our utilization rates across our portfolio throughout the year." About CoreCivic The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to governmen Show less Read more
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