8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     Date of Report (Date of earliest event reported)              April 3, 2007

MONMOUTH REAL ESTATE INVESTMENT CORPORATION     

 (Exact name of Registrant as specified in its charter)

       MARYLAND                    

   000-04258                      22-1897375

   (State or other jurisdiction   

(Commission

                 (IRS Employer

     of incorporation)              

File Number)               Identification Number)

       3499 Route 9N, Suite 3C, Freehold, NJ  

07728

     (Address of principal executive offices)

(Zip Code)

     Registrant's telephone number, including area code         (732) 577-9996

     (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

[  ] Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 142-12 under the Exchange Act (17 CFR 240.14a-12

[  ] Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01    Regulation FD Disclosure.

On April 3, 2007, the Company issued a press release announcing the declaration of the quarterly dividend.

Item 9.01   Financial Statements and Exhibits.

(c)   Exhibits.

99

Press Release dated April 3, 2007.

Page 2

SIGNATURES

     Pursuant  to the requirements of the Securities Exchange Act of  1934,

     the  Registrant has duly caused this report to be signed on its behalf

     by the undersigned hereunto duly authorized.

                                MONMOUTH  REAL ESTATE INVESTMENT CORPORATION

                                /s/   Anna T. Chew

                                ANNA T. CHEW

                                Chief Financial Officer

     Date        April 3, 2007

Page 3

EX-99

FOR IMMEDIATE RELEASE

April 3, 2007

Contact:  Rosemarie Faccone

     Susan Jordan

     732-577-9997

MONMOUTH REAL ESTATE INVESTMENT CORPORATION

DECLARES COMMON AND PREFERRED DIVIDENDS

FREEHOLD, NJ, April 3, 2007…..On April 3, 2007, the Board of Directors of Monmouth Real Estate Investment Corporation (NASDAQ:MNRTA) declared its quarterly dividend on the Company’s Common Stock of $0.15 per share payable June 15, 2007 to shareholders of record May 15, 2007.  The Company’s annual dividend rate on its Common Stock is $0.60 per share.  

Also on April 3, 2007, the Board of Directors declared a dividend for the period commencing March 1, 2007 and ending May 31, 2007 of $0.4766 per share on the Company’s 7.625% Series A Cumulative Redeemable Preferred Stock payable June 15, 2007 to shareholders of record May 31, 2007.  Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $1.90625 per share.

Monmouth Real Estate Investment Corporation, which was organized in 1968, is a publicly-owned real estate investment trust specializing in net-leased industrial properties. The Company’s equity portfolio consists of forty-two industrial properties and one shopping center located in New Jersey, New York, Connecticut, Maryland, Michigan, Mississippi, Missouri, Massachusetts, Iowa, Illinois, Nebraska, North Carolina, South Carolina, Kansas, Pennsylvania, Florida, Virginia, Ohio, Wisconsin, Arizona, Georgia, Colorado and Alabama.  In addition, the Company owns a portfolio of REIT securities.

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