PEORIA, Ill., Nov. 6 /PRNewswire-FirstCall/ -- PIONEER RAILCORP (Pink Sheets: PRRR) announced today the Company's Board of Directors declared a $.05 dividend to its stockholders of record November 14, 2008, payable November 25, 2008.

Pioneer Railcorp is a shortline railroad holding company with 16 freight railroads operating in eleven states with over 535 miles of track. For more information, visit the Company's website http://www.pioneer-railcorp.com/.

SOURCE PIONEER RAILCORP