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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., Oct. 1, 2013

FREEHOLD, N.J., Oct. 1, 2013 /PRNewswire/ --On October 1, 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 December 16, 2013, to shareholders of record at the close of business
on November 15, 2013. The Company's annual dividend rate on its Common Stock
is $0.60 per share.

On October 1, 2013, the Board of Directors declared a dividend for the period
commencing September 1, 2013 through November 30, 2013, of $0.4765625 per
share on the Company's 7.625% Series A Cumulative Redeemable Preferred Stock
payable December 16, 2013, to shareholders of record at the close of business
on November 15, 2013. Series A preferred share dividends are cumulative and
payable quarterly at an annual rate of $1.90625 per share.

Also on October 1, 2013, the Board of Directors declared a dividend for the
period September 1, 2013 through November 30, 2013, of $0.4921875 per share on
the Company's 7.875% Series B Cumulative Redeemable Preferred Stock payable
December 16, 2013, to shareholders of record at the close of business on
November 15, 2013. Series B preferred share dividends are cumulative and
payable quarterly at an annual rate of $1.96875.

Monmouth Real Estate Investment Corporation, founded in 1968 and one of the
oldest public equity REITs in the U.S., specializes 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-five industrial properties and one
shopping center located in twenty-six states, containing a total of
approximately 9.6 million rentable square feet. In addition, the Company owns
a portfolio of REIT securities.

SOURCE Monmouth Real Estate Investment Corporation

Website: http://www.mreic.com
Contact: Susan M. Jordan, 732-577-9996