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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., July 1, 2014  FREEHOLD, N.J., July 1, 2014 /PRNewswire/ -- On July 1, 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 September 15, 2014, to shareholders of record at the close of business on August 15, 2014. The Company's annual dividend rate on its Common Stock is $0.60 per share.  On July 1, 2014, the Board of Directors declared a dividend for the period commencing June 1, 2014 through August 31, 2014, of $0.4765625 per share on the Company's 7.625% Series A Cumulative Redeemable Preferred Stock payable September 15, 2014, to shareholders of record at the close of business on August 15, 2014. Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $1.90625 per share.  Also on July 1, 2014, the Board of Directors declared a dividend for the period June 1, 2014 through August 31, 2014, of $0.4921875 per share on the Company's 7.875% Series B Cumulative Redeemable Preferred Stock payable September 15, 2014, to shareholders of record at the close of business on August 15, 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-one properties 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://mreic.com Contact: Susan M. Jordan, 732-577-9996  
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