PEORIA, Ill., Nov. 15, 2013 /PRNewswire/ -- Pioneer Railcorp (Pink Sheets: PRRR.PK) announced today the Company's Board of Directors declared a $.10 dividend to its stockholders of record November 25, 2013, payable November 26, 2013. This is double previous annual dividends of $.05 per share.

Pioneer Railcorp is a shortline railroad holding company with 26 railroad operations in 13 states with over 600 miles of track. For more information, visit the Company's website http://www.pioneer-railcorp.com/.

SOURCE Pioneer Railcorp