Monmouth Real Estate Investment Corporation Declares Common and Preferred Dividends

  Monmouth Real Estate Investment Corporation Declares Common and Preferred
                                  Dividends

PR Newswire

FREEHOLD, N.J., Jan. 17, 2013

FREEHOLD, N.J., Jan. 17, 2013 /PRNewswire/ --On January 16, 2013, the Board
of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR)
declared its quarterly cash dividend on the Company's Common Stock of $0.15
per share payable March 15, 2013, to shareholders of record at the close of
business on February 15, 2013. The Company's annual dividend rate on its
Common Stock is $0.60 per share.

On January 16, 2013, the Board of Directors declared a dividend for the period
commencing December 1, 2012 through February 28, 2013, of $0.4765625 per share
on the Company's 7.625% Series A Cumulative Redeemable Preferred Stock payable
March 15, 2013, to shareholders of record at the close of business on February
15, 2013. Series A preferred share dividends are cumulative and payable
quarterly at an annual rate of $1.90625 per share.

Also on January 16, 2013, the Board of Directors declared a dividend for the
period December 1, 2012 through February 28, 2013, of $0.4921875 per share on
the Company's 7.875% Series B Cumulative Redeemable Preferred Stock payable
March 15, 2013, to shareholders of record at the close of business on February
15, 2013. Series B preferred share dividends are cumulative and payable
quarterly at an annual rate of $1.96875.

Monmouth Real Estate Investment Corp., which was organized in 1968, is a
publicly owned real estate investment trust (REIT) specializing in net-leased
industrial properties subject to long-term leases primarily to investment
grade tenants. The Company is a fully integrated and self-managed real estate
company, whose property portfolio consists of seventy-three industrial
properties and one shopping center located in twenty-six states. In addition,
the Company owns a portfolio of REIT securities.

SOURCE Monmouth Real Estate Investment Corporation

Contact: Susan M. Jordan, +1-732-577-9996
 
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