DALLAS, Feb. 27, 2018 /PRNewswire/ -- InfraREIT, Inc.
(NYSE: HIFR) ("InfraREIT" or the "Company") today announced that
its board of directors declared a quarterly cash dividend of
$0.25 per share of common stock,
or $1.00 per share on an annualized
basis, payable on April 19, 2018, to holders of record on
March 29, 2018.
About InfraREIT, Inc.
InfraREIT is a real estate
investment trust that is engaged in owning and leasing
rate-regulated electric transmission assets in the state of
Texas. The Company is externally managed by Hunt Utility
Services, LLC, an affiliate of Hunt Consolidated, Inc. (a
diversified holding company based in Dallas, Texas and managed by the Ray L. Hunt
family). The Company's shares are traded on the New York
Stock Exchange under the symbol "HIFR". Additional
information on InfraREIT is available at www.InfraREITInc.com.
Forward-Looking Disclosure Statement
This press
release may contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 that state
InfraREIT's or its management's intentions or expectations about
future events. These statements include statements with
respect to the payment of any dividend and the timing or amount of
such payment. Factors that could cause actual results to
differ materially from those contemplated above include, among
others, the risks and uncertainties discussed from time to time in
the Company's filings with the U.S. Securities and Exchange
Commission. This press release speaks only as of the date
hereof, and the Company disclaims any obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
For additional
information, contact:
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For
Investors:
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Brook
Wootton
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Vice President,
Investor Relations
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InfraREIT, Inc.,
214-855-6748
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For
Media:
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Jeanne
Phillips
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Senior Vice
President, Corporate Affairs & International
Relations
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Hunt Consolidated,
Inc., 214-978-8534
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SOURCE InfraREIT, Inc.