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Corrections Corporation of America Message Board

  • dougbenjamin69 dougbenjamin69 Apr 19, 2013 11:03 AM Flag

    Yield after conversion to REIT

    After CXW coverts to a REIT does anyone have an idea what their future yield will be? 90% of earnings will have to be paid out to shareholders so they will obviously save on future corp. tax which has been in the range of $85-90 million.This also takes into consideration that earnings stay at least consistent w/ prior years. Understand that this is hard to estimate but curious on my end.

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CXW
33.18-0.20(-0.60%)Jul 24 4:01 PMEDT

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