CoreCivic, Inc. (CXW)
CoreCivic, Inc. (CXW) is a real estate investment trust (REIT) that specializes in the management of correctional, detention, and rehabilitative facilities in the United States. Founded in 1983, the company leases its facilities to government agencies, providing custody and care services for inmates and detainees. CoreCivic emphasizes operational efficiency and compliance with regulatory standards in the correctional services industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 15, 2020 | $0.44 | 2020-03-31 | 2020-04-01 |
| January 15, 2020 | $0.44 | 2020-01-03 | 2020-01-06 |
| October 15, 2019 | $0.44 | 2019-09-30 | 2019-10-01 |
| July 16, 2019 | $0.44 | 2019-06-28 | 2019-07-01 |
| April 15, 2019 | $0.44 | 2019-03-29 | 2019-04-01 |
Dividends Summary
- CoreCivic, Inc. has issued 33 dividend payments over the past 8 years
- The most recent dividend was paid 2016 days ago, on April 15, 2020
- The highest dividend payed out to investors during this period was $6.63 per share
- The average dividend paid during this period was $0.64 per share.
Company News
CoreCivic secured two new contracts with ICE to utilize 3,593 beds at two facilities, expecting total annual revenue of nearly $200 million. The California City Immigration Processing Center and Midwest Regional Reception Center contracts will help support ICE's immigration enforcement efforts.
CoreCivic reported strong Q2 2025 financial results, with revenue of $538.2 million, 80% earnings per share growth, and raised full-year guidance. The company saw increased demand from ICE and government detention services, with higher occupancy rates and facility expansions.
President-elect Donald Trump seemingly agreed that military resources will be used to deport undocumented immigrants, raising concerns about the balance between national security and civil liberties.
The article discusses three stocks that could benefit from a Trump presidency: Tesla, KKR, and CoreCivic. Tesla is expected to see reduced regulatory pressure and tariffs, allowing it to expand its affordable EV lineup. KKR could benefit from reduced credit regulations, while CoreCivic could see increased demand for its detention and law enforcem...
