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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