{"id":364,"date":"2021-10-22T02:02:45","date_gmt":"2021-10-22T07:02:45","guid":{"rendered":"https:\/\/1reason.com\/re\/monmouth-real-estate-declares-common-and-preferred-dividends\/364\/"},"modified":"2021-10-22T21:02:45","modified_gmt":"2021-10-23T02:02:45","slug":"monmouth-real-estate-declares-common-and-preferred-dividends","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/monmouth-real-estate-declares-common-and-preferred-dividends\/364\/","title":{"rendered":"MONMOUTH REAL ESTATE DECLARES COMMON AND PREFERRED DIVIDENDS"},"content":{"rendered":"<div> The Company\u2019s annual dividend rate on its Common Stock is $0.72 per share.  <\/p>\n<p align=\"justify\">Also on October 1, 2021, the Board of Directors declared a dividend for the period September 1, 2021 through November 30, 2021, of $0.3828125 per share on the Company\u2019s 6.125% Series C Cumulative Redeemable Preferred Stock payable December 15, 2021 to shareholders of record as of the close of business on November 15, 2021. Series C preferred share dividends are cumulative and payable quarterly at an annual rate of $1.53125. <\/p>\n<p> Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. The Company specializes in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment grade tenants.Monmouth Real Estate Investment Corporation is a fully integrated and self-managed real estate company, whose property portfolio consists of 122 properties containing a total of approximately 24.9 million rentable square feet, geographically diversified across 32 states. The Company\u2019s occupancy rate as of this date is 99.7%.<\/p>\n<p align=\"center\">######<\/p>\n<p align=\"left\"><strong>Contact:<\/strong> <strong>Becky Coleridge<\/strong><br \/><strong>732-577-9996<\/strong><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NjcxZjYxNzctMjc1My00NzBkLWE0NGItYzQ4YTNmMzg1MTBkLTUwMDA3MTc0NA==\/tiny\/Monmouth-Real-Estate-Investmen.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">HOLMDEL, NJ, Oct. 01, 2021 (GLOBE NEWSWIRE) &#8212; On October 1, 2021, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Company\u2019s Common Stock of $0.18 per share payable December 15, 2021, to shareholders of record at the close of business on November 15, 2021.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/364"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=364"}],"version-history":[{"count":3,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/364\/revisions"}],"predecessor-version":[{"id":4237,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/364\/revisions\/4237"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}