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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., Jan. 15, 2014

FREEHOLD, N.J., Jan. 15, 2014 /PRNewswire/ -- On January 15, 2014, 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 17, 2014, to shareholders of record at the close of
business on February 18, 2014. The Company's annual dividend rate on its
Common Stock is $0.60 per share.

On January 15, 2014, the Board of Directors declared a dividend for the period
commencing December 1, 2013 through February 28, 2014, of $0.4765625 per share
on the Company's 7.625% Series A Cumulative Redeemable Preferred Stock payable
March 17, 2014, to shareholders of record at the close of business on February
18, 2014. Series A preferred share dividends are cumulative and payable
quarterly at an annual rate of $1.90625 per share.

Also on January 15, 2014, the Board of Directors declared a dividend for the
period December 1, 2013 through February 28, 2014, of $0.4921875 per share on
the Company's 7.875% Series B Cumulative Redeemable Preferred Stock payable
March 17, 2014, to shareholders of record at the close of business on February
18, 2014. 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 eighty industrial properties and one shopping
center located in twenty-seven states, containing a total of approximately
10.7 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
 
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