PEORIA, Ill., Nov. 3 /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 16, 2009, payable November 25, 2009.

Pioneer Railcorp is a shortline railroad holding company with 19 railroad operations in 13 states with over 500 miles of track. For more information, visit the Company's website http://www.pioneer-railcorp.com/.

SOURCE Pioneer Railcorp